8271 M-123, Paradise, MI 49768 (MLS# 26-294)

8271 M-123, Paradise, MI 49768

$449,900

Fresh Produce cooler ready for the season to open

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 ... (Read more)

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

Location, Tax and Legal

Zoning: Commercial
School District: Whitefish
Special Assessment: Unknown
Taxes: 3240
Tax Year: 2025

Basement

Block: Yes
Partial Basement: Yes
Slab: Yes

More Information

Extras

Employee: Yes
Handicap Access: Yes
Highway Access: Yes
High Traffic Locatn: Yes
High Visibility: Yes
Kitchen Area: Yes
Laundry: Yes
Living Quarters: Yes
Smoke Detectors: Yes
Storage: Yes

Construction

Masonry: Yes

Exterior Finish

Other: Yes
Wood: Yes

Heating

Propane: Yes

Cooling

None: Yes

Documents on File

Inventory: Yes
Financials: Yes
Liquor License: Yes
Photographs: Yes
Survey: Yes
Tax Returns: Yes

Water

Drilled Well: Yes

Drive

Black Top: Yes

Sewer

Septic: Yes

Parking

25 Or More Spaces: Yes
Paved: Yes
Parking Lot: Yes

Possession

Negotiable: Yes

Road Surface

Black Top: Yes

Roof

Flat: Yes
Rubber: Yes

Terms

Cash: Yes
Conventional: Yes

Showing Instructions

24 Hr Notice: Yes
Appt. Only: Yes

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

Documents

Survey & Prop Description ›

Floor Plan ›

Listing Office: RE/MAX NorthStar Realty

Listing Agent: Jane Merrell

Last Updated: July - 14 - 2026

Information deemed reliable but not guaranteed.

8271 M-123, Paradise, MI 49768 (MLS# 26-294)