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    Carp Lake, MI Residential Income Properties for Sale

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    Levering, MI Mackinaw City, MI Cheboygan, MI
    Carp Lake Commercial Package Opportunity
    $650,000
    2,400 SF
    Carp Lake Commercial Package Opportunity

    6420 & 6406 E Gill, Carp Lake, MI 49718

    Multi-property commercial package with store, cabin, and barn.
    • Multi‑property commercial package in Carp Lake with high highway visibility and snowmobile trail access.
    • Carp Lake General Store building (approx. 2,400 sq ft) suitable for various business ventures.
    • Recently renovated rental cabin with modern amenities (mini‑split, appliances) for immediate income potential.
    • Zoned B‑2, allowing for diverse commercial and mixed‑use opportunities.
    • Includes a historic barn, adding character and potential.
    Updated: Apr 3
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Carp Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Rooftop
    $3,995,000
    10,500 SF
    Mixed-Use Building with Rooftop

    Restored 1915 building combines Bridge Street retail with renovated apartment units and a rooftop gathering area.

    211 Bridge, Charlevoix, MI 49720

    View details
    Acreage Parcel with Existing Well and Septic
    $39,900
    2.39 Acres
    Acreage Parcel with Existing Well and Septic

    2.39-acre parcel with an uninhabitable farmhouse plus existing well and septic for a future home or retreat.

    7860 PICKEREL LAKE, Petoskey, MI 49770

    View details
    Petoskey Multifamily Investment Opportunity
    $850,000
    Petoskey Multifamily Investment Opportunity

    Well-maintained 6-unit multifamily property near downtown Petoskey.

    524 State St, Petoskey, MI 49770

    View details
    Historic Mixed-Use Building with Retail
    $3,995,000
    10,500 SF
    Historic Mixed-Use Building with Retail

    Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

    211 Bridge Street, Charlevoix, MI 49720

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Carp Lake
    Contact for pricing
    0.85 Acres
    Land Near Carp Lake

    Residential land close to Carp River, Lake Michigan, and Paradise Lake.

    TBD Elder, Carp Lake, MI 49718

    View details
    Wooded Double Lot for Residential Use
    $45,000
    0.34 Acres
    Wooded Double Lot for Residential Use

    Partially cleared wooded double lot in R-3 zoning with utilities available nearby for residential development in Mackinaw City.

    W Etherington Street lot: 2 & 3, Mackinaw City, MI 49701

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    Double Lot in Mackinaw City
    $45,000
    0.34 Acres
    Double Lot in Mackinaw City

    Large double lot near Lake Michigan and downtown shopping.

    TBD W Etherington, Mackinaw City, MI 49701

    View details
    Mackinac Island Land with Water Views
    $417,000
    0.38 Acres
    Mackinac Island Land with Water Views

    Estate-sized lot with water views, near downtown Mackinac Island.

    0 Cedar Point, Mackinac Island, MI 49757

    View details

    Carp Lake, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Carp Lake, MI on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for residential income properties in Carp Lake, MI start at $650,000, averaging $650,000, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 1

    Demographics Overview

    Population 622
    Population Growth (5Y) -9.3%
    Median Household Income $44,712
    College Educated 33.7%

    High-Yield Neighborhoods for Investment

    Identify Carp Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49718 $650K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

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