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.
Key Features
- Built in 1950
- 2 stories
Property Details
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.
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
Flooring
Construction
Outdoor Features
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 $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 2 stories. Interior Features: Sump Pump, Laminate Flooring. Exterior Features: Paved Street, Shed(s), Paved Driveway.
This property is listed by Jane Merrell and can be reached at 9067481089.
