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    11380 NE Starvation Lake Rd Mancelona, MI 49659
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    11380 NE Starvation Lake Rd, Mancelona, MI 49659

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    • Commercial real estate
    • 1.32 lot acres
    Party Store, Gas Station, RV For Sale
    $328,500
    1,380 SF

    Party Store, Gas Station, RV

    Thriving business with gas, store, and RV hookups near lake.

    Mancelona, MI 49659
    View Listing
    Property ID
    US43-3633879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Starvation Lake Corner Store / Grocery & Convenience Store

    Property Details for 11380 NE Starvation Lake Rd

    Lot size
    1.32 lot acres
    Property type
    Commercial real estate
    APN
    002-005-032-00
    APU
    200503200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 11, 2024 — Starvation Lake Corner Store LLC Troy Robertson Quit Claim Deed · related —
    Jun 21, 2022 $130,000 Starvation Lake Corner Karen Oliveri Warranty Deed $179k · Northern Great Lakes
    Jun 21, 2022 $88,600 Karen Oliveri L&d INC Warranty Deed —

    Description

    This exceptional business opportunity in Mancelona, Michigan presents a turnkey operation encompassing a thriving party store, a gas station, and four full-hookup RV sites. The 1,380 square-foot party store boasts a diverse inventory including retail food items, liquor, beer and wine, lottery tickets, propane, firewood, and gasoline. Recent upgrades significantly enhance operational efficiency and profitability. These improvements include a new ATM, upgraded coolers and freezer, a modern metal roof, updated electrical system, a newer 5-inch well, a three-tank septic system, an advanced point-of-sale (POS) system, and a comprehensive security system. A fully equipped kitchen with a prep area allows for the preparation and sale of pizzas and sandwiches, adding another revenue stream. The gas station features upgraded pumps and a new tank system, ensuring smooth and reliable operations. A generator hookup provides backup power during outages. The property also includes four RV sites with full hookups, offering additional income potential. All necessary licenses will transfer to the new owner, subject to state approval. The property's prime location is within walking distance of Starvation Lake and the Hideaway Bar, and is conveniently situated near the Blue Bear Snowmobile Trail, attracting a steady stream of customers throughout the year. This established business, a piece of Northern Michigan history, is poised for continued success under new ownership.


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    Location Insight

    • Map
    • Local Demand
    City
    Mancelona
    County
    Kalkaska
    State
    Michigan
    Longitude
    -84.9407
    Latitude
    44.8506
    CBSA code
    45900
    CBSA name
    TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,627
    $0.00
    $0.00
    $83,200
    -
    $0.00
    $0.00
    $166,400
    View Listing
    More about this property
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