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. Consistent seasonal traffic fueled by the continued growth of tourism, short-term rentals, and second-home development throughout the region.
Established vendor relationships, proven operating systems, and decades of community recognition create a strong foundation for continued success, while offering exciting potential for expanded year-round operations as the Paradise area continues to grow. This is a unique opportunity to step into a profitable, community-centered business with deep local roots and exceptional future potential.
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
Exterior Features
Property Details
Construction
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 $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Exterior Features: Employee, Handicap Access, High Traffic Locatn.
This property is listed by Jane Merrell and can be reached at 9067481089.


