Established Convenience Store and
For Sale
$449,000
5449 Round Lake Road, Gladwin, MI 48624
High-performing convenience store with food focus in Michigan lake community.
Property Size6,146 SF
Lot Size1.40 Acres
Price / SF$73.06
Days on Market151
Property Features for 5449 Round Lake Road
General Information
Standard status
Active
Size
6,146 SF
Lot size
1.40 Acres
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$4,853
Amenities
3
192x332x192x332
Building Details
Year Built
1978
Listing Agency:
CEDAR & CROW REALTY
(989) 965-5391
Listed By:
REBECCA TOMAC · License #6502432255
Source:
Xome
Added: Mar 30
Changed: Aug 25
Last Checked: Aug 26 at 7:06AM
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 CEDAR & CROW REALTY
Investment Insights
Based on property information with market context.
This established convenience store and food-focused business is located in a Michigan lake community with over 1800 homes, 700 camping lots, two all-sports lakes, and an 18-hole championship golf course. The business benefits from a loyal year-round customer base and strong seasonal tourism traffic. It offers quality food, beverages, sporting goods, bait, and fishing supplies. Fresh prepared food sales are a key driver, with an established pizza and gourmet sandwich program, hand-scooped ice cream, and grab-and-go options. The operation includes a well-equipped kitchen, established supplier relationships, and efficient processes. There is significant potential for an owner-operator or family operator, especially through continued growth of food offerings and targeted local marketing. The 1.4-acre property has room to expand business opportunities outside with approximately 4000 square feet of potential in two large pole buildings in the back. The location has a bike score of 21, indicating it is somewhat bikeable, and a walk score of 7, indicating car-dependent transportation.
Key Highlights
- Established, high‑performing convenience and food store in a strong Michigan lake community.
- Proven business model with fresh prepared food sales driving repeat customers.
- Large 1.4‑acre property with two large pole buildings offering significant expansion potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48624, MI
15,739
Population
11,073
Households
1.4
Avg Household Size
51
Median Age
15%
College-Educated
88%
High-School Grad
341.2 sq mi
ZIP Area
46
Density / Sq Mi
$55,415
Median Household Income
$35,481
Median Earnings
$689
Median Rent
$154,000
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 - High-performing convenience store with food focus in Michigan lake community.
Where is this grocery and convenience store located?
The property is located at 5449 Round Lake Road Gladwin, MI.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Established, high‑performing convenience and food store in a strong Michigan lake community.; Proven business model with **fresh prepared food sales** driving repeat customers.; Large 1.4‑acre property with two large pole buildings offering significant expansion potential.
