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    Indian River, MI Retail Properties & Spaces for Sale

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    Alanson, MI Topinabee, MI Wolverine, MI Cheboygan, MI Brutus, MI Afton, MI Petoskey, MI Wolverine Lake, MI
    Indian River Commercial Opportunity
    Updated: Mar 7
    Indian River Commercial Opportunity

    4735 S Straits Highway, Indian River, MI 49749

    $210,000
    2,430 sqft
    High traffic count ideal for retail or repair shop.
    Warehouse space and ample storage area.
    Immediate occupancy available.
    Three offices and front show area.
    Possible Land Contract.
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    Established Indian River Chocolate Shop
    Updated: Sep 26, 2024
    Established Indian River Chocolate Shop

    3676 S Straits Highway, Indian River, MI 49749

    $885,000
    2,500 sqft
    Established and Profitable Business: Long‑standing fudge, chocolate, and ice cream shop with a loyal customer base.
    Prime Location: Situated in the heart of downtown Indian River.
    Turnkey Operation: Sale includes the business, names, equipment, recipes, buildings, and property.
    Diverse Product Offering: Wide selection of candies, chocolates, fudge, caramel corn, and ice cream.
    Year‑Round Operation: Open 7 days a week, providing consistent revenue opportunities.
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    Commercial/Industrial
    Commercial/Industrial

    3676 S Straits Highway, Indian River, MI 49749

    $885,000
    2,500 sqft

    Coffee shops · 2,500 SF

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Indian River, 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.

    Thriving Marina on US-31
    Thriving Marina on US-31

    3859 US-31, Brutus, MI 49716

    $2,800,000
    37,420 sqft 1.88 AC lot

    Northern Michigan marina with indoor storage and retail space.

    View details
    Self-Storage Facility with Flex Space
    Self-Storage Facility with Flex Space

    6530 N M 33 Hwy, Cheboygan, MI 49721

    $1,700,000
    3.10 AC lot

    Multi-building commercial property combines storage, workshop, warehouse, and outdoor storage configurations on approximately three acres.

    View details
    Mixed-Use Commercial Building with Pole Barn
    Mixed-Use Commercial Building with Pole Barn

    9750 N Straits Highway, Cheboygan, MI 49721

    Contact for pricing
    6,320 sqft

    Two flexible interior units plus a heated pole building make this property workable for office, retail, or service uses.

    View details
    Marina with Indoor Storage and Retail
    Marina with Indoor Storage and Retail

    3859 US-31, Brutus, MI 49716

    Contact for pricing

    For sale marina asset with substantial indoor storage and retail sales area on US-31 in Northern Michigan.

    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.

    Riverfront Marina Development Land
    Riverfront Marina Development Land

    6320 & 6332 River Street, Alanson, MI 49706

    $475,000
    0.87 AC lot

    Commercially zoned riverfront parcel with 185 feet of Crooked River frontage and 11 newly constructed boat slips.

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    Commercial Land Near Inland Waterway
    Commercial Land Near Inland Waterway

    8503 S US-31 Highway, Alanson, MI 49706

    $139,000

    Commercial land with high exposure near recreational areas and Crooked Lake.

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    Commercial Land in High Traffic Area
    Commercial Land in High Traffic Area

    10351 N Straits Highway, Cheboygan, MI 49721

    $275,000
    9.87 AC lot

    9.87 acre commercial land in Cheboygan, Inverness sewer system.

    View details
    Commercial Land in High Traffic Area
    Commercial Land in High Traffic Area

    10351 N Straits Highway, Cheboygan, MI 49721

    $147,500
    1.50 AC lot

    Commercial land in a high-traffic area with utilities available.

    View details

    Indian River, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 3 retail properties & spaces for sale in Indian River, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,430 square feet of properties for sale, with an estimated market value of $1,980,000.

    Sale prices for stores in Indian River, MI start at $210,000, averaging $660,000, and reaching up to $885,000 — 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

    Grocery and convenience stores 2
    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 4,860
    Population Growth (5Y) +21.7%
    Median Household Income $66,604
    College Educated 49.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49749 $660K

    Taxes & Financing

    Tax Rate (average for all types) 2.66%
    Tax Rate vs County Average 0.54 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

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