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    8587 Silver Lake Rd Mears, MI 49436

    For Sale
    $2,800,000

    SINGLE_FAMILY - Mears, MI

    Type:Retail
    Property size:
    9,425 SF
    Lot size:
    0.93 Acres
    Days on Market:
    184
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 8587 Silver Lake Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    006-180-001-50
    Interior features
    Broadband
    Size
    9,425 SF
    Lot size
    0.93 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Forced Air
    Cooling system
    Central Air, Wall Unit(s)
    Water source
    Well
    Water front features
    Lake
    Water front
    1

    Building Details

    Year built
    1940
    Floors in Building
    2
    Number of units
    1
    Building materials
    Vinyl Siding, Brick, Stone
    Roof type
    Composition

    Coldwell Banker Anchor Real Estate (231) 873-3400 [email protected]

    Listing agent Dodie Stark (231) 873-3400

    Listing date Jun 6, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Storefront Near Silver Lake

    The Parkside Store, a fixture of Silver Lake since the 1940s, is available for purchase. This well-established store is situated in a high-traffic area, benefiting from its proximity to campgrounds, shopping destinations, and the amusement district, with the Silver Lake State Park boat launch located across the street. The store is known for its diverse offerings, including fresh meats, deli items, groceries, pizza, clothing, beer, wine, liquor, ice, and firewood. The property features a 5,500 square foot retail building with a second-story storage room and office. Additionally, there is a 40' x 32' storage barn and a 60' x 30' storage barn on the 0.93-acre lot. The property has undergone numerous improvements in recent years and presents various opportunities for prospective owners. Phase I and Phase II environmental site assessments from 2017 are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parkside Store - Silver ... Grocery Store

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Department Store Food Market Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Parkside Store - Silver Lake

    Location Insight

    • Map
    • Local Demand
    City
    Mears
    County
    Oceana
    State
    Michigan
    Longitude
    -86.491929
    Latitude
    43.663886

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    FAQs

    What type of property is this?
    Grocery and convenience store - Long-standing retail store near Silver Lake State Park.
    Where is this grocery and convenience store located?
    The property is located at 8587 Silver Lake Rd Mears, MI.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Established business (since 1940s) with diverse revenue streams including meats, deli, groceries, pizza, clothing, beer, wine, liquor, ice, and firewood.; - Prime location with high foot traffic near campgrounds, shopping, amusement district, and Silver Lake State Park boat launch.; - **Large retail space (5500 sq ft)** with additional storage and office space.
    (231) 873-3400
    Request Owner's contact information
    8587 Silver Lake Rd Mears, MI 49436
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    Mears, MI 49436
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8587 Silver Lake Rd Mears, MI 49436
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