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    Paradise, MI
    Retail

    Paradise, MI Retail Properties & Spaces for Sale

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    Newberry, MI Hulbert, MI Brimley, MI Engadine, MI
    Turnkey Grocery Store with Residence
    Updated: Jun 3
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Paradise, 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.

    Remodeled Historic Retail Storefront
    Remodeled Historic Retail Storefront

    21739 E Brazel Street, Grand Marais, MI 49839

    $249,000
    1,166 sqft 0.11 AC lot

    1895 storefront building remodeled in 2006 with ample parking in a central Grand Marais setting.

    View details
    Updated Flex Distribution and Showroom Building
    Updated Flex Distribution and Showroom Building

    Sault Sainte Marie, MI 49783

    $199,900
    2,142 sqft

    Completely updated building with ADA restrooms, open showroom area, and on-site customer and employee parking.

    View details
    Highly Visible Retail/Office Building
    Highly Visible Retail/Office Building

    Sault Sainte Marie, MI 49783

    $339,900
    1,074 sqft

    A sale-ready building on a busy corridor, sized for retail, office, medical, or service use with strong area retail presence.

    View details
    Gas Station and Convenience Store
    Gas Station and Convenience Store

    14284 N Lake Avenue, Grand Marais, MI 49839

    $1,250,000
    3,088 sqft 0.20 AC lot

    Retail market with gas service, beer/wine/liquor, DNR licenses, and automotive needs, with bay views.

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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 Overlooking Soo Locks
    Commercial Land Overlooking Soo Locks

    Sault Sainte Marie, MI 49783

    $400,000

    Commercial property with investment potential in downtown Sault Ste Marie.

    View details
    Riverfront Land Parcel
    Riverfront Land Parcel

    8112 M-77, Germfask, MI 49836

    $79,900
    1.56 AC lot

    Vacant land with long Manistique River frontage and city water available for a home site or water-access business.

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    Manistique Commercial Land For Sale
    Manistique Commercial Land For Sale

    6838 W US2 Highway, Manistique, MI 49854

    $350,000
    14.34 AC lot

    Vacant land with highway frontage near Lake Michigan.

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    Commercial Land on Highway 2
    Commercial Land on Highway 2

    737 E Lakeshore Drive, Manistique, MI 49854

    $450,000
    0.97 AC lot

    Prime vacant lot in high-traffic commercial area.

    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 start at $449,900, averaging $449,900, and reaching up to $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.

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    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

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