Retail

Paradise, MI Retail Properties & Spaces for Sale

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Hulbert, MI Newberry, MI Brimley, MI Engadine, MI
Grocery Store with Attached Residence
Updated: May 19
Grocery Store with Attached Residence

8271 M-123, Paradise, MI 49768

$449,900
5,720 sqft
5,720 sq. ft. grocery and convenience store
Attached 3‑bedroom residence with owner‑occupancy or short‑term rental potential
Cooler and freezer capacity, liquor license, and included inventory
Delivery access, parking, attached garage, and storage space
New roof membrane in 2025 and newer refrigeration compressor
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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.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

224 Newberry Ave, Newberry, MI 49868

$229,900
2,592 sqft

Two ground-floor commercial suites are paired with three upstairs apartments.

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Flex Space with Customer Showroom
Flex Space with Customer Showroom

Sault Sainte Marie, MI 49783

$179,900
2,142 sqft

Updated commercial space offers office, distribution, repair, and retail configurations, with separate customer and employee parking.

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Two-Building Auto Shop
Two-Building Auto Shop

Sault Sainte Marie, MI 49783

$375,000
1,717 sqft

I-1-zoned property pairs dedicated office space with a service shop and customer reception area.

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Floral Retail Storefront
Floral Retail Storefront

1011 Newberry Ave, Newberry, MI 49868

$139,000

The sale includes an established florist operation with retail, design, processing, and storage areas.

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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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 1
Storefront properties 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)

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