Updated Corner Storefront
710 Lake, Roscommon, MI 48653
For Sale
$185,000
Commercial, Roscommon, MI
Property Size1,655 SF
Lot Size0.19 Acres
Price / SF$111.78
Days on Market50
Property Features for 710 Lake
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Exterior features
Lot features
Directions
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
approved commercial kitchen
adjoining parking lot
LED lighting
Wi Fi security cameras
Building Details
Building materials
Roof type
Listing Agency:
CENTURY 21 REALTY NORTH-HOUGHTON LK
(989) 366-1801
Listed By:
TODD JANSEN · License MI #8203
(989) 205-2657
Added: Sep 22
Changed: Oct 8
Last Checked: Nov 10 at 6:06PM
MLS# 1950829
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.
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Investment Insights
Based on property information with market context.
This storefront property occupies a main corner in downtown Roscommon and includes an approved commercial kitchen, an adjoining parking lot to the southeast, and a bathroom. The building has brick and block construction with a membrane roof and measures 1,655 square feet.
Recent improvements include LED lighting, ceiling tiles, and Wi-Fi security cameras. The property is located at 710 Lake, Roscommon, MI 48653, in Roscommon County.
Recent improvements include LED lighting, ceiling tiles, and Wi-Fi security cameras. The property is located at 710 Lake, Roscommon, MI 48653, in Roscommon County.
Key Highlights
- 1,655‑square‑foot storefront property at 710 Lake, Roscommon, MI 48653
- Main‑corner position in downtown Roscommon
- Approved commercial kitchen included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,600
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,000
$252.0K
Cap Rate 7%
$180,000
$180.0K
Cap Rate 9%
$140,000
$140.0K
Market Conditions
NOI Build-Up for 1,655 SF
Gross rent
$23.2K $14.04/SF
− Vacancy
−$6.4K −$3.89/SF
EGI
$16.8K $10.15/SF
− OpEx
−$4.2K −$2.54/SF
NOI
$12.6K $7.61/SF
Area
Roscommon County, MI
Vacancy
27.70%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,000
Cap Rate 7%
$180,000
Cap Rate 9%
$140,000
Alternative Uses
Best Use
Specialty Retail
$180.0K
$157.5K – $210.0K
NOI $12,600 @ 7.0% cap · market cap 6.81%
Second Best
Retail
$171.2K
$149.8K – $199.7K
NOI $11,984 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$272.4K
$238.3K – $317.8K
NOI $19,066 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48653, MI
9,598
Population
9,814
Households
1
Avg Household Size
55
Median Age
27%
College-Educated
93%
High-School Grad
241.8 sq mi
ZIP Area
40
Density / Sq Mi
$67,708
Median Household Income
$41,548
Median Earnings
$801
Median Rent
$161,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Roscommon County, MI
Properties on Market for Storefront properties in Roscommon County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Downtown commercial space with an approved kitchen, adjoining parking lot, and recent interior and security improvements.
Where is this storefront property located?
The property is located at 710 Lake Roscommon, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 1,655‑square‑foot storefront property at 710 Lake, Roscommon, MI 48653; Main‑corner position in downtown Roscommon; Approved commercial kitchen included
