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    Rapid City, MI Storefront Properties for Sale

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    Alden, MI Williamsburg, MI Bellaire, MI Kalkaska, MI Mancelona, MI Elk Rapids, MI Kewadin, MI South Boardman, MI
    Grocery and Convenience Store Near Torch Lake
    Updated: Aug 17
    Grocery and Convenience Store Near Torch Lake

    12938 CHERRY AVE, Rapid City, MI 49676

    $699,900
    2,784 sqft
    2,784‑square‑foot grocery and convenience store
    Built in 1927 with central air
    Metal exterior construction
    Across from Torch Lake at the Torch River Bridge
    Direct rear connection to Torch River Marine
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, 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.

    Historic Corner Commercial Building
    Historic Corner Commercial Building

    130 River Street, Elk Rapids, MI 49629

    $899,900
    1,437 sqft 0.08 AC lot

    Prime commercial property in downtown Elk Rapids near the waterfront.

    View details
    Turn-Key Retail and Office Building
    Turn-Key Retail and Office Building

    9053 HELENA RD, Alden, MI 49612

    $474,900
    2,704 sqft

    Turn-key downtown building with finished upstairs space and separate entrance for flexible second-use operations.

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

    1-144 River St, Elk Rapids, MI 49629

    $499,000
    2,953 sqft

    Ground-floor commercial space with a garden studio apartment and lower-level storage, supported by B2 zoning.

    View details
    Downtown Alden Commercial Building
    Downtown Alden Commercial Building

    9160 Helena Rd, Alden, MI 49612

    $350,000
    0.15 AC lot

    Commercial building in downtown Alden, near Torch Lake.

    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.

    Retail Space with Parking Lot
    Retail Space with Parking Lot

    1054-1060 E Front Street, Traverse City, MI 49686

    $2,650,000
    3,726 sqft 1.24 AC lot

    C-3 Community Center District zoning supports a range of allowable uses and commercial configurations.

    View details
    Commercial Land with Existing Office Building
    Commercial Land with Existing Office Building

    1040 E Front Street, Traverse City, MI 49686

    $1,148,000
    0.63 AC lot

    Three-lot commercial parcel with an existing office building, positioned on US-31 for flexible development planning.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    1026-1028 E Front Street, Traverse City, MI 49686

    $399,000
    0.38 AC lot

    Zoned commercial parcel with two separate lots, positioned along a major east-west corridor for flexible development planning.

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    Corner Commercial Land
    Corner Commercial Land

    Mitten Drive, Traverse City, MI 49686

    $1,150,000
    1.74 AC lot

    Excavation has begun on a corner parcel with access from two roads.

    View details

    Rapid City, MI Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Rapid City, MI on our real estate platform. These investment opportunities span a total of 2,784 square feet of properties for sale, with an estimated market value of $699,900.

    Sale prices for retail units in Rapid City, MI average $699,900 — 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 3,689
    Population Growth (5Y) +4.1%
    Median Household Income $67,479
    College Educated 43.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $16.63 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kalkaska County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

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