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    Empire, MI Retail Properties & Spaces for Sale

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    Glen Arbor, MI Honor, MI Lake Ann, MI Maple City, MI Traverse City, MI Interlochen, MI Cedar, MI Beulah, MI
    Glen Lake Manor Redevelopment Opportunity
    Updated: Sep 10, 2025
    Glen Lake Manor Redevelopment Opportunity

    7345 W Glenmere Road, Empire, MI 49630

    $2,295,000
    3 sqft
    172' of sandy Glen Lake frontage on 5 wooded acres.
    Special Use Permit finalized in Nov 2024 allows for 9 en‑suite guest rooms, 1 manager/owner suite, a 50‑seat restaurant, a 20‑seat lounge, and use of 3 rental cottages.
    Operating since 1906 with a rich history as a host to lumbermen, vacationers, diners, and wedding guests.
    2005 restoration of kitchen, dining area, restrooms, and office space.
    All buildings received new roofs in 2021.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Empire, 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.

    Retail Building with Ample Parking
    Retail Building with Ample Parking

    8294 Deadstream Rd, Honor, MI 49640

    $349,900
    1,800 sqft 0.50 AC lot

    Former convenience store and deli space with flexible commercial uses, pizza/deli equipment available, and ample on-site parking.

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    Full-Service Grocery Shopping Center
    Full-Service Grocery Shopping Center

    10625 Main Street, Honor, MI 49640

    Contact for pricing
    10,000 sqft

    Shopping center with a full-service grocery and large meat processing area, plus deli/bakery, produce, dairy, and liquor.

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    Live-Work Retail and Service Property
    Live-Work Retail and Service Property

    6375 E Traverse Highway, Traverse City, MI 49684

    $949,900
    4,608 sqft 1.07 AC lot

    Commercial property includes an apartment above the main retail/service area and 250 feet of road frontage.

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    Retail Service Business with Apartment
    Retail Service Business with Apartment

    Traverse City, MI 49684

    $949,900

    Established outdoor power equipment sales and service business with a one-bedroom apartment above the retail area.

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    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.

    Commercial Land Parcel
    Commercial Land Parcel

    V/L Zimmerman Road, Traverse City, MI 49685

    $145,000
    1.48 AC lot

    1.48-acre commercial land with municipal water and sewer, supporting a range of office, medical, service, and retail uses under PUD zoning.

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    Commercial Land Near Traffic Light
    Commercial Land Near Traffic Light

    Zimmerman Road, Traverse City, MI 49685

    $389,000
    3.50 AC lot

    Commercial zoning permits mixed-use development with residential space above.

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    Residential Income Property with Road Frontage
    Residential Income Property with Road Frontage

    8921 US-31, Grawn, MI 49637

    $395,000
    1,276 sqft 3.20 AC lot

    Extensive highway frontage and on-site structures offer flexible use considerations, with commercial designation noted in the township plan.

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    Pole Barn Warehouse Property
    Pole Barn Warehouse Property

    Frankfort, MI 49635

    $89,900
    1,100 sqft 1.00 AC lot

    Eleven utility-equipped structures include indoor storage, select living features, and outdoor storage area.

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    Empire, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Empire, MI on our real estate platform. These investment opportunities span a total of 3 square feet of properties for sale, with an estimated market value of $2,295,000.

    Sale prices for stores in Empire, MI average $2,295,000 — 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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    Demographics Overview

    Population 1,484
    Population Growth (5Y) +6.2%
    Median Household Income $101,875
    College Educated 80.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49630 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Leelanau County

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