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Gift and Retail Business

121 S Cedar Street, Manistique, MI 49854

For Sale
New
$69,000

COM/IND/BUS OPP, Manistique, MI

Property Size2,500 SF
Lot Size0.09 Acres
Price / SF$27.60
Days on Market5

Property Features for 121 S Cedar Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Main Street
Subdivision Manistique (77009)
Standard status Active
Size 2,500 SF
Lot size 0.09 Acres

Utilities

Water source Public
Listing Agency: GROVER REAL ESTATE
Listed By: ABBEY WOOD · License MI #6501412874
Added: Nov 6 Changed: Nov 9 Last Checked: Nov 10 at 8:06PM
MLS# 50227165

Copyright © 2026 Upper Peninsula 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.

Rey
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Investment Insights

Based on property information with market context.

This established retail business has operated since 2024 and offers gifts, locally produced merchandise, kitchen goods, home décor, snacks, handheld food, and ice cream. A custom covered bar forms a gathering area within the shop. The sale includes the business entity, current inventory, equipment, fixtures, and point-of-sale system.

The business is located at 121 S Cedar Street in downtown Manistique, Michigan. This is a business-only transaction; the real estate is not included.

Key Highlights

  • Business has operated since 2024
  • Sale includes the business entity, current inventory, equipment, fixtures, and point‑of‑sale system
  • Merchandise includes locally made goods, kitchen items, home décor, and gifts

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 32% Home Improvements & Furnishings 21%
Hardee's Dining
6,492 visits/mo 0.3 miles
Family Dollar Shops & Services
4,329 visits/mo 0.2 miles
Ace Hardware Home Improvements & Furnishings
3,913 visits/mo 0.2 miles
SUBWAY Dining
2,467 visits/mo 0.3 miles
Super Wash Shops & Services
1,000 visits/mo 0.3 miles

Demographics for 49854, MI

6,211
Population
4,307
Households
1.4
Avg Household Size
52
Median Age
21%
College-Educated
89%
High-School Grad
473.9 sq mi
ZIP Area
13
Density / Sq Mi
$57,212
Median Household Income
$33,705
Median Earnings
$653
Median Rent
$117,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Flowers by Jodi — 176 River St, Manistique, MI 49854

Frequently Asked Questions

What type of property is this?
Storefront property - The operating shop combines gift merchandise with handheld food and ice cream offerings.
Where is this storefront property located?
The property is located at 121 S Cedar Street Manistique, MI.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: Business has operated since 2024; Sale includes the business entity, current inventory, equipment, fixtures, and point‑of‑sale system; Merchandise includes locally made goods, kitchen items, home décor, and gifts
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