Retail

Indian River, MI Retail Space 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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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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Indian River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Retail and Office Building with Parking
Retail and Office Building with Parking

321 E Lake Street, Petoskey, MI 49770

$1,850,000
7,958 sqft

Street-level retail and second-floor office suites with eight dedicated rear parking spaces.

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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.

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Tractor Supply-Leased Retail Store
Tractor Supply-Leased Retail Store

2201 N US Hwy 31, Petoskey, MI 49770

Contact for pricing
19,532 sqft

Retail storefront on US-31 leased to Tractor Supply Company, operated at the site since 2011.

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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.

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Indian River, MI Retail Space Market Trends and Statistics

Explore 2 retail space for sale in Indian River, MI on our real estate platform. These investment opportunities span a total of 4,930 square feet of properties for sale, with an estimated market value of $1,095,000.

Sale prices for retail space in Indian River, MI start at $210,000, averaging $547,500, 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 $547.5K

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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