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About This Home
This 3-bedroom, 1-bathroom single family at 8271 M-123 in Paradise, MI is listed for $449,900 ($497 per sqft). Built in 1950, the home offers 905 sqft of living space on a N/A lot.
Unique live-work opportunity in the heart of Paradise! This 3-bedroom, 1-bath year-round home features a large private yard and is attached to a well-established neighborhood grocery store, offering flexibility for owner-occupancy, rental income, or a combination of both.
The property includes an attached garage, ample storage, and a spacious commercial area with extensive cooler and freezer capacity. Recent updates include a new roof membrane in 2025 and a newer refrigeration compressor. Located in one of Michigan's premier Upper Peninsula destinations, the property benefits from strong seasonal traffic, growing tourism, expanding short-term rental activity, and continued second-home development. A rare opportunity to own a home with built-in income potential in a thriving community.
Key Features
- Built in 1950
- 1 parking spaces
Property Details
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
Property Details
Parking
Heating
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 8271 M-123 is listed at $449,900 ($497/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 1 parking spaces. Interior Features: Laminate Flooring, Sump Pump.
This property is listed by Jane Merrell and can be reached at 9067481089 or jane.merrell@remax.net.
