Mancelona, MI Retail properties & Spaces for sale

Updated: Sep 26, 2025

Thriving Business Opportunity in Mancelona

11380 NE Starvation Lake Road, Mancelona, MI 49659

$328,500

1,380 sqft

Thriving business opportunity: Includes a party store, gas station, and four RV hookup sites with existing long‑term tenants.
Turnkey operation: All licenses transferable upon State approval, includes upgraded POS and security systems.
Recent upgrades: Features a metal roof, newer electrical system, 5'' well, three‑tank septic system, upgraded gas pumps, and newer tank system.
Income potential: Store sells retail food, liquor, beer/wine, lottery, accepts SNAP, propane, cut wood, and gasoline.
Fully equipped: Includes a full kitchen with prep area for pizzas and sandwiches.

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This listing looks promising.

Here's a quick look at some key insights for

11380 NE Starvation Lake Road, Mancelona, MI 49659

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Est. Cap Rate

4.7%
NOI ÷ price
Est. NOI

$15K
Annual
Mortgage

$179K
Jun 2022
Last Sold

Apr 2024
$89K

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Updated: Mar 12

Party Store, Gas Station, RV

Mancelona, MI 49659

Contact for pricing

1,380 sqft

Thriving party store and gas station business with diverse revenue streams.
Four RV full hookup sites providing additional income potential.
Recent upgrades including ATM, coolers/freezer, metal roof, electrical, well, septic system, POS and security system.
Upgraded gas pumps and newer tank system.
Full kitchen with prep area for pizzas and sandwiches.

View details

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Mancelona, 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 Retail and Office Building

732 E Cayuga St, Bellaire, MI 49615

$289,000

2,400 sqft

Well-maintained two-level commercial building with finished main space and an unfinished upper level in Bellaire.

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Two-Story Mixed-Use Commercial Building

732 E Cayuga Street, Bellaire, MI 49615

$289,000

2,400 sqft 0.46 AC lot

Two-level commercial building with finished main floor and unfinished upper level on a village lot near Craven Park.

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Converted Office/Barber Suite

208 Elm St, Kalkaska, MI 49646

$199,900

1,350 sqft

Office building includes central air, forced-air heating, and ADA-compliant bathroom, with on-site parking.

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Industrial Building with Multiple Overhead Doors

702 N Birch Street, Kalkaska, MI 49646

Contact for pricing

Includes an on-site office and four 10x12 overhead doors, with large paved parking on a corner site.

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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.

Mancelona Land Development Opportunity

US-131 Highway, Mancelona, MI 49659

$139,900

9.90 AC lot

9.9 acre commercial land near Torch Lake with highway frontage.

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Commercial Build Site on US-131

2878 S US-131, Kalkaska, MI 49680

$83,700

1.34 AC lot

Level, mostly cleared commercial lot on US-131, suited for development of a range of business uses.

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Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900

1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

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Level Industrial Development Land

Milbocker Road, Gaylord, MI 49735

$345,000

30.60 AC lot

Level commercial development parcel with utilities at street and manufacturing zoning supporting a range of industrial uses.

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Mancelona, MI Retail Properties & Spaces Market Trends and Statistics

Explore 2 retail properties & spaces for sale in Mancelona, MI on our real estate platform. These investment opportunities span a total of 2,760 square feet of properties for sale, with an estimated market value of $328,500.

Sale prices for stores in Mancelona, MI average $328,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49659	$328.5K

Neighborhood

Average Price

49659

$328.5K