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    Paradise, MI
    Storefront

    Paradise, MI Storefront Properties for Sale

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    Eckerman, MI Hulbert, MI Newberry, MI Brimley, MI Mcmillan, 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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    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.

    Spa & Wellness Property with Basement
    Spa & Wellness Property with Basement

    Sault Sainte Marie, MI 49783

    $240,000
    4,502 sqft

    Commercial zoning, multiple office areas, a full basement, and rear parking are included.

    View details
    Storefront Property with Floral Business
    Storefront Property with Floral Business

    1011 Newberry Ave, Newberry, MI 49868

    $139,000

    Established florist operation includes retail, production, storage, and customer-facing improvements.

    View details
    High-Visibility Retail Space
    High-Visibility Retail Space

    Sault Sainte Marie, MI 49783

    $324,900
    1,074 sqft

    Functional commercial layout with public water, restroom, storage, security system, and highway access.

    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.

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    Paradise, MI Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties 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 retail units 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)

    Average Property Price per SF

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

    Retail

    Office

    Residential Income

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