Grocery and Convenience Store
For Sale
$600,000
2545 S Gladwin Rd, Prudenville, MI 48651
Owner-occupied commercial building with surface parking, signalized access, and Commercial zoning for future use flexibility.
Property Size24,392 SF
Lot Size2.45 Acres
Price / SF$24.60
Days on Market287
Property Features for 2545 S Gladwin Rd
General Information
Standard status
Active
Size
24,392 SF
Total Parking Spaces
76
Lot size
2.45 Acres
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
commercial
Building Details
Building Size
24,392 SF
Tenancy
Single
Parking Ratio
3.12 per 1,000 SF
Listing Agency:
Colliers
(248) 226-1656
Listed By:
Jack Melton
(248) 226-1656
Source:
Cpix.resimplifi
Added: Nov 17, 2025
Changed: Aug 30
Last Checked: Aug 30 at 7:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers
Investment Insights
Based on property information with market context.
The property includes 2.45 acres and a 24,392 SF building that is currently owner-occupied. It was previously used as a supermarket and includes 76 surface parking spaces, with a parking ratio of 3.12/1,000 SF. The site is positioned for continued use or redevelopment and is zoned Commercial.
Located at the signalized intersection of M-55 and M-18 in Prudenville, MI, the property has access to established retail activity in the Houghton Lake and Prudenville corridor. Reported traffic volumes include 12,673 VPD on W Houghton Lake Drive and 4,000 VPD on S Gladwin Road NW. Nearby retailers and service providers include Walmart Supercenter, Family Fare Supermarket, Home Depot, Dollar General, Walgreens, Subway, O’Reilly’s Auto Parts, Verizon, Gill-Roy’s Hardware, McDonald’s, and Arby’s.
Located at the signalized intersection of M-55 and M-18 in Prudenville, MI, the property has access to established retail activity in the Houghton Lake and Prudenville corridor. Reported traffic volumes include 12,673 VPD on W Houghton Lake Drive and 4,000 VPD on S Gladwin Road NW. Nearby retailers and service providers include Walmart Supercenter, Family Fare Supermarket, Home Depot, Dollar General, Walgreens, Subway, O’Reilly’s Auto Parts, Verizon, Gill-Roy’s Hardware, McDonald’s, and Arby’s.
Key Highlights
- 2.45 acres with 24,392 SF of building area
- Signalized intersection of M‑55 and M‑18 in Prudenville, MI
- 76 surface parking spaces with a 3.12/1,000 SF parking ratio
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48651, MI
4,396
Population
3,825
Households
1.1
Avg Household Size
56
Median Age
19%
College-Educated
92%
High-School Grad
71.0 sq mi
ZIP Area
62
Density / Sq Mi
$42,938
Median Household Income
$32,917
Median Earnings
$797
Median Rent
$156,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Owner-occupied commercial building with surface parking, signalized access, and Commercial zoning for future use flexibility.
Where is this grocery and convenience store located?
The property is located at 2545 S Gladwin Rd Prudenville, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2.45 acres with 24,392 SF of building area; Signalized intersection of M‑55 and M‑18 in Prudenville, MI; 76 surface parking spaces with a 3.12/1,000 SF parking ratio
