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About This Home
This 0-bedroom, 0-bathroom commercial at 8271 M-123 in Paradise, MI is listed for $449,900 ($79 per sqft). the home offers 5,720 sqft of living space on a N/A lot.
Successfully operated by the current owners since 1995, the Paradise grocery store is a rare turnkey opportunity in one of Michigan's premier Upper Peninsula destinations. Serving locals, seasonal homeowners, and outdoor enthusiasts, the business has built a loyal customer base and strong community reputation.
The 5,720 sq. ft. property includes extensive cooler and freezer capacity, liquor license, included inventory, delivery access, ample parking, and attached garage/storage space. Recent updates include a new roof membrane in 2025 and newer refrigeration compressor. The attached 3-bedroom residence offers owner occupancy or short-term rental potential. Limited competition, growing tourism, and expanding STR activity continue to drive strong traffic and future growth opportunities.
Amenities
Monthly Cost Estimate
$2,406/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8271 M-123
Paradise, MI 49768
Features & Amenities
Interior Features
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 8271 M-123 is listed at $449,900 ($79/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Interior Features: Handicap Access, Kitchen Area, Laundry Area. Exterior Features: Highway Access, High Visibility, High Traffic Location.
This property is listed by Jane Merrell and can be reached at 9067481089 or jane.merrell@remax.net.