Advertise
    Paradise, MI
    Retail

    Paradise, MI Retail Properties & Spaces for Sale

    Notify Me
    List
    Map
    Hulbert, MI Newberry, MI Mcmillan, MI Engadine, MI
    Turnkey Grocery Store with Residence
    Updated: Jul 14
    Turnkey Grocery Store with Residence

    8271 M-123, Paradise, MI 49768

    $449,900
    5,720 sqft
    5,720 sq. ft. Paradise grocery store operated by current owners since 1995
    Includes extensive cooler and freezer capacity plus a liquor license
    Recent updates: new roof membrane in 2025 and newer refrigeration compressor
    Property includes attached garage/storage space and ample parking
    Attached 3‑bedroom residence for owner occupancy or short‑term rental use
    View details
    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Paradise, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown Spa and Wellness Property
    Downtown Spa and Wellness Property

    Sault Sainte Marie, MI 49783

    $240,000
    4,502 sqft

    Commercially zoned building with multiple office areas, basement utility space, and a rear parking lot.

    View details
    Turnkey Retail Florist Property
    Turnkey Retail Florist Property

    1011 Newberry Ave, Newberry, MI 49868

    $139,000

    Turnkey retail florist property with updated exterior and interior finishes, offering functional retail and workspace under Commercial zoning.

    View details
    Retail Space on Busy Corridor
    Retail Space on Busy Corridor

    Sault Sainte Marie, MI 49783

    $324,900
    1,074 sqft

    B2-zoned commercial space with access to established retail anchors and potential for retail, office, medical, or service operations.

    View details
    Two Adjacent Retail Storefronts
    Two Adjacent Retail Storefronts

    221 & 223 Newberry Ave, Newberry, MI 49868

    Contact for pricing

    Two adjacent downtown retail storefronts with parking in front, positioned on the east side of the main road just past Falls Hotel.

    View details

    Paradise, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Paradise, MI on our real estate platform. These investment opportunities span a total of 5,720 square feet of properties for sale, with an estimated market value of $449,900.

    Sale prices for stores in Paradise, MI average $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 1

    Demographics Overview

    Population 359
    Population Growth (5Y) -26.3%
    Median Household Income $67,813
    College Educated 35.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49768 $449.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.37%
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chippewa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Retail properties & Spaces for Sale Near Paradise, MI

    Popular Searches in Paradise, MI

    Most Searched ZIP Codes in Paradise, MI

    • 49768

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!