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Keller Williams

8271 M-123, Paradise, MI 49768

$449,900
Property Type: Commercial Square Footage: 5,720 Status: Active
Current Price: $449,900 List Date: 5/19/2026 Last Modified: 7/14/2026

Overview

Description

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.

Supplements: 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 ope ...

Listing Details MLS# 26-294

Contract Information

For Sale or Rent
Sale

Property Information

Type
Business
Realtor.com Type
Commercial
Present Use
Retail
Possible Use
Mixed Use
Building SqFt
5001 - 7500
Age
50+
# Parking Spaces
25+
Total SqFt.
5720
What's Included
Equipment & Inventory
Duplicate
No

Location Tax and Legal

Area
52 - Paradise & Tahquamenon Areas
Unit #/St #/Space #
8271
Street Name
M-123
State
MI
Zip Code
49768
County
CHIPPEWA
Tax ID
016-222-045-00

Directions and Remarks

Directions
Center of Paradise. Look for the sign ''Paradise Foods Pantry''
Hot Sheet Comment
new

More Information

Property Features

Basement: Block; Partial Basement; Slab Construction: Masonry Exterior Finish: Other; Wood Cooling: None Documents on File: Financials; Inventory; Liquor License; Photographs; Survey; Tax Returns Drive: Black Top Extras: Employee; Handicap Access; High Traffic Locatn; High Visibility; Highway Access; Kitchen Area; Laundry; Living Quarters; Smoke Detectors; Storage Heating: Propane Parking: 25 Or More Spaces; Paved; Parking Lot Possession: Negotiable Road Surface: Black Top Roof: Flat; Rubber Sewer: Septic Water: Drilled Well Showing Instructions: 24 Hr Notice; Appt. Only Terms: Cash; Conventional
Listing Office: RE/MAX NorthStar Realty
Listing Agent: Jane Merrell
Last Updated: July - 14 - 2026
Information deemed reliable but not guaranteed.