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320 Otsego, Gaylord
$ 345,000 - MLS# 201840607Prime commercial property in Downtown Gaylord, just south of Main Street/M-32 on Old 27 South. Includes a spacious storage building with ample room--half of it heated for year-round use. Excellent visibility, versatile space, and a convenient location make this a valuable opportunity for your business or investment plans. Vacant lots are equipped with individually metered hookups for up to eight food trucks--an incredible opportunity to create a lively food and entertainment hub in a high-traffic location.
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, Alpena
$ 329,500 - MLS# 201827945This prime location is perfect for establishing an office, convenience store, restaurant, or retail space. The double city lot, measuring 132 by 140 feet, is primed for your investment vision, with phase one already completed. A spacious double car garage, measuring 24 by 32 feet, is available for storing tools and equipment during your construction process. Utilities, including gas, electric, municipal water, and sewer, are already on-site, providing a blank canvas for your creative ideas. This site is conveniently located within walking distance to downtown and falls within the Social district, making it an excellent choice for your next venture. The seller is open to negotiating a fair offer that benefits both parties. Don't miss the opportunity to submit your offer promptly.
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11380 Starvation Lake, Mancelona
$ 328,500 - MLS# 201837288Excellent Business Opportunity! This property includes a thriving party store, gas station and four RV full hookup sites, currently two long term occupancies. The store currently sells retail food items, liquor, beer/wine, lottery, accepts SNAP benefits, propane, cut wood and gasoline. Many updates to the store itself: ATM, upgraded coolers and freezer, metal roof, newer electrical, newer 5'' well, a three tank septic system, upgraded POS system and security system. Full kitchen with prep area to make pizzas and sandwiches. Upgraded gas pumps and newer tank system. Generator hookup. All licenses will transfer with sale, pending State approval. Located within walking distance to Starvation Lake and the Hideaway Bar. This piece of N. Michigan history is ready for a new own
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5 AC Houghton Lake, Houghton Lake
$ 325,000 - MLS# 201839495Prime commercial acreage on Highway M-55 adjacent Don Nester Chevrolet, east of the new Dollar General, between Dollar General and Nester Chevrolet and across the highway from U-Haul Moving & Storage of Houghton Lake. There is a total of appx. 5 acres. Great location. Less than 1 mile from US 127, Highway M-55 Exit.
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144 Main, Gaylord
$ 325,000 - MLS# 201839057Iconic commercial building in downtown Gaylord. Great exposure, ample parking with mixed-use potential. There is a three-bedroom, one-bath apartment on the upper level that just needs a simple kitchen to complete.
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604 Sullivan, Prudenville
$ 325,000 - MLS# 201836659Exceptional investment opportunity! Former school with 32,770 square feet of versatile space, ideal for redevelopment or conversion to commercial, residential, or mixed-use. Prime location near the public beach and Trestle Park adds long-term value and appeal.
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110 Michigan, Grayling
$ 324,900 - MLS# 201839889Own a true downtown showpiece in the heart of Grayling. The Historic Salling Hanson & Co. Building is a beautifully executed 2024-2025 restoration that blends turn-of-the-century character with today's expectations creating a rare, income-producing mixed-use opportunity with immediate upside. The street-level commercial suite is an absolute stunner: refinished original wood floors, exposed brick, high original pressed-tin ceilings, fresh lighting/electrical, wainscoting accents, and brand-new oversized windows that flood the space with natural light and deliver exceptional visibility. A standout feature you almost never find, an authentic walk-in historic vault adds instant story, security, and ''wow'' factor for premium retail, gallery, office, or a destination concept. Upstairs, a bright open-concept residential loft offers flexibility for an owner-occupant or continued rental income. A lease is already in place generating $1,500/month, providing cash flow from day one. Positioned in vibrant downtown Grayling, this is a prime opportunity to secure a signature building that feels like it belongs in a much larger market that is turnkey, distinctive, and ready to perform. Grayling sits directly on I-75, just north of where US-127 merges into I-75, making downtown highly accessible to both locals and visitors passing through Northern Michigan. This location is poised to benefit from major momentum already underway in downtown Grayling. The nearby Sawmill Lofts project, an $18.3M mixed-use redevelopment bringing 40 apartments plus 4,000 SF of commercial space, is expected to complete in 2026, adding residents, energy, and built-in demand for downtown businesses. Grayling continues investing in downtown vibrancy and placemaking through Main Street/DDA initiatives, including wayfinding and event-support infrastructure that strengthens the customer experience and supports walkability. Investment/Use Potential (examples): boutique retail, specialty food, outfitter/guide HQ, tasting room, coffee concept, creative studio/gallery, wellness office, professional services, or a premium destination showroom with the vault as an unforgettable branding element. Pair that with a leased upstairs and you have a compelling combination of authenticity + income + downtown upside. Turnkey. Historic. High-visibility. Schedule your showing and secure one of downtown Grayling's most striking restored buildings--ready to generate returns now while positioned for the next wave of growth.
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941 Ninth, Alpena
$ 303,666 - MLS# 201838582Exceptional opportunity to own a 5,460-square-foot distribution warehouse offering three loading ramps, partial cooling, and generous parking. The property spans five lots and is located within the City of Alpena.
Square footage is approximate and should be verified by the buyer or buyer's agent.
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11210 Main, Atlanta
$ 300,000 - MLS# 201840598Exceptional opportunity in the heart of Atlanta, Michigan! Formerly home to the well-loved Burleigh's Bistro, this turnkey restaurant location offers a prime setting adjacent to Briley Park and the scenic Thunder Bay River. Guests can enjoy outdoor seating surrounded by one of the area's most attractive gathering places, featuring waterfront views, mature shade trees, a walking trail, pickleball courts, a modern playground, and a performance stage that hosts community events and festivals throughout the year. The restaurant has been closed for several months due to the owner's health concerns, creating an opportunity for a new owner to bring fresh energy to this established location. High-visibility setting with strong local and visitor appeal.
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6231 Houghton Lake, Houghton Lake
$ 299,900 - MLS# 201837405Exciting business opportunity in the Houghton Lake area. A well-established hardware store, centrally located on M-55, is now available. This property offers excellent visibility and ample space, making it ideal for continuing the existing hardware business or exploring a combination of ventures.The current owners are retiring and are committed to training the new owner to ensure a smooth transition. An equipment list is attached, and inventory will be available for purchase separately. Additionally, the property includes a spacious 32 x 76 barn, providing plenty of storage.
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1329 Mount Tom, Mio
$ 299,000 - MLS# 2018392322,600+/- square foot professional building on 2.5+ acres. Located on high-traffic State Highway M33 with 330+/-ft of frontage, just south of Mio, the facility has plenty of parking and features several designated offices, multiple conference rooms, a break room, two bathrooms, a dedicated mechanical room, and ample storage closets. The building is equipped with natural gas hot water baseboard heating and overhead air conditioning, a 5-inch casing well for water, and city sewer. The property is currently leased and occupied by the State of Michigan via ''MiWORKS,'' with a lease agreement in place through June 2028. Shown by appointment only, Proof of funds/pre-qualification is required prior to all showings.***All information herein is deemed accurate but is not warranted.***
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2946 Old US Hwy 27, Gaylord
$ 299,000 - MLS# 201834943Great location with exposure to I75 and Old 27. Former Bagley Township building soon to be vacated. Property is presently on well and septic but can be absorbed into the Gaylord City limits for city water and sewer. Main building is approximately 2800 sq ft. plus 14x28 storage area.
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