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Convenience Store with Apartment
For Sale
$350,000

2020 E 24 Road, Cadillac, MI 49601

Commercial, Cadillac, MI

Property Size3,300 SF
Lot Size0.43 Acres
Price / SF$106.06
Days on Market386

Property Features for 2020 E 24 Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Exterior features Vinyl
Lot features Corner Lot, Freestanding
Directions West on M115. North on S 29 Rd. Property is on the right at the corner of N 29 Rd and E 24 Rd.
Subdivision Wexford
Standard status Active
Size 3,300 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Description PAR BEG 33 FT E & 33 FT S OF NW COR: TH E 116 FT; TH S 94 FT; TH W 116 FT TH N 94 FT. TO POB. --.25 A M/L-- COL. SEC. 33 T23N R10W -MESICK-
Legal Description PAR BEG 33 FT E & 33 FT S OF NW COR: TH E 116 FT; TH S 94 FT; TH W 116 FT TH N 94 FT. TO POB. --.25 A M/L-- COL. SEC. 33 T23N R10W -MESICK-

Utilities

Water source Private

Building Details

Building materials Frame
Roof type Metal, Asphalt
Listing Agency: City2Shore Real Estate Northern Michigan
Listed By: Jaimie Fellows-Garno · License #6501325941
Added: Sep 12, 2025 Changed: Sep 13 Last Checked: Oct 2 at 11:06AM
MLS# 1938561

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,300-square-foot convenience store property combines retail operations, food service, and an upper-level residential component. The building has frame construction, vinyl exterior siding, and a roof with metal and asphalt materials. Recent improvements include new ovens, refrigeration units, and flooring for the commercial operation.

A fully renovated four-bedroom apartment occupies the space above the store. The residence includes new windows and flooring, a new kitchen, and an updated bathroom, providing flexibility for rental use or on-site living. The property also includes a transferable liquor license and private water service.

The 0.43-acre property is located at 2020 E 24 Road in Cadillac, Michigan, within Wexford County. The store’s food offerings include smoked BBQ, and the business is positioned near lakes and trailheads in a northern Michigan vacation setting.

Key Highlights

  • 3,300‑square‑foot convenience store with food service
  • Renovated 4‑bedroom apartment above the store
  • New ovens, refrigeration units, and flooring

Property Analytics

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Current Use

Meauwataka General Store Grocery & Convenience Store

Suggested Use

Top Pick Carpet & Flooring Store Wine and Liquor Store

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

Lease Details

4
Residential units
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49601, MI

21,564
Population
10,734
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
220.0 sq mi
ZIP Area
98
Density / Sq Mi
$65,704
Median Household Income
$37,347
Median Earnings
$856
Median Rent
$166,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operating convenience store with food service, updated equipment, and renovated residential quarters above.
Where is this grocery and convenience store located?
The property is located at 2020 E 24 Road Cadillac, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,300‑square‑foot convenience store with food service; Renovated 4‑bedroom apartment above the store; New ovens, refrigeration units, and flooring
More about this property
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