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    Carp Lake, MI Storefront Properties for Sale

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    Levering, MI Mackinaw City, MI Cheboygan, MI Pellston, MI Brutus, MI Saint Ignace, MI Harbor Springs, MI Pointe Aux Pins, MI
    Storefront Building with Snowmobile Trail Access
    Updated: Apr 12
    Storefront Building with Snowmobile Trail Access

    6420 & 6406 E Gill Road, Carp Lake, MI 49718

    $650,000
    2,400 sqft
    Approximately 2,400 SF Carp Lake General Store storefront building designed for retail use
    Zoned EC B‑2 with highway visibility and direct access to the snowmobile trail
    Wood‑frame construction with shingle roof; heating includes wood, electric baseboard, and natural gas
    Water source: well
    Adjacent parcel includes recently renovated rental cabin for 1–2 occupants with a mini‑split
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    This listing looks promising.

    Here's a quick look at some key insights for

    6420 & 6406 E Gill Road, Carp Lake, MI 49718

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $25K
      Annual

    • Mortgage

      $192K
      Jul 2021

    • Last Sold

      Jul 2021
      $50K

    • Property Type

      Commercial (General)
      Built 1900
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Carp Lake, 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.

    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    209 W State Street, Cheboygan, MI 49721

    $99,000
    2,657 sqft 0.04 AC lot

    Ground-floor commercial space is paired with an upstairs two-bedroom apartment.

    View details
    Downtown Mixed-Use Retail Building
    Downtown Mixed-Use Retail Building

    410 N Main Street, Cheboygan, MI 49721

    $180,000
    2,352 sqft

    Historic downtown building with a gutted main-floor retail space and upper level roughed for a one-bedroom apartment.

    View details
    Renovated Retail Storefront
    Renovated Retail Storefront

    217 E Central Ave, Mackinaw City, MI 49701

    Contact for pricing

    Completely renovated downtown retail building with a large front retail area and high vaulted interior ceilings.

    View details
    Retail Storefront with Live-In Suite
    Retail Storefront with Live-In Suite

    317 E Central Avenue, Mackinaw City, MI 49701

    Contact for pricing

    Storefront includes a live-in suite and on-site storage with steady foot traffic in Mackinaw City.

    View details

    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 Near Boat Launch
    Commercial Land Near Boat Launch

    10351 N Straits Highway, Cheboygan, MI 49721

    $147,500
    1.50 AC lot

    Commercial-zoned land with sewer, natural gas, and electric available, directly across from the Forks Public Boat Launch.

    View details

    Carp Lake, MI Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Carp Lake, MI on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for retail units in Carp Lake, MI average $650,000 — 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

    Storefront properties 1

    Demographics Overview

    Population 622
    Population Growth (5Y) -9.3%
    Median Household Income $44,712
    College Educated 33.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49718 $650K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

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