39924 W M123 Highway $199,999

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    39924 W M123 Highway Paradise, MI 49768

    • 8,322 sq. ft.
    • 1.72 Acres
    • Commercial
    • MLS# 50120355
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    Views: 165 Days On Site: 244

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    Property Details

    Sitting directly within the massive 50,000 acre Lake Superior State Forest in Paradise, sits this incredible 1.72 acre commercial complex totaling over 8000 square feet of space! Located less than a quarter mile away from the famous Tahquamenon Falls, which is buzzing with tourists and nature lovers all year long! Many profitable businesses have operated from this site over the past several decades such as a restaurant, convenience store, gas station, body shop, ice business, and more. This could be your opportunity to build on this legacy to watch your own dreams flourish on this unique site. Along with the turn key retail space, you'll find a separate building housing an apartment on the ground floor and office/flex space up above. A 12x12 building sits alongside a large smoker behind the retail space, and an absolutely massive 36x60 outbuilding is nestled into the corner of the property creating a flexible open space to use however you see fit. One unique and unexpected feature of the property is a historic log cabin tucked into the trees along the back of the property. This cabin was moved to the site, and is said to be one of the first built in the area. You can truly let your imagination run wild with this incredible residential/business opportunity. There is a beer/wine license included in the sale which is currently being held in escrow. Imagine the joy that this opportunity could bring, living on site and running your own business in one of the most beautiful places in the Nation. There really is a reason they call the area Paradise!

    • General Features
      • Acreage 1.72
      • Area Municipality Whitefish Twp (17016)
      • County Chippewa
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Total SqFt Finished 8322
      • Waterfront Y/N No
      • Year Built 1986
      • ZONING Commercial
    • Building Features
      • Cooling System None
      • Exterior Construction Aluminum, Hardboard, Log
      • Foundation Type Slab
      • Heating System Electric Heat, Forced Air, Space Heater
      • FUEL TYPE LP/Propane Gas
      • Roofing Metal
    • Property Features
      • Water Private Well
      • Water Features None
      • Lot Size 300x200
      • Roads U.S. Highway
      • Sewer Septic Septic

    Contact

    Mike Davidson

    Mike Davidson

    Office Owner

    RE/MAX Right Choice

    Direct: 810-397-3000

    Neighborhood

    49768 (Paradise) Demographics

    57 Median Age
    2 Population Density (per sq. mile)
    36% College Educated
    $42,500 Estimated Median Income
    166 Estimated Total Home Owners
    32 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    475 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    4 New On Market

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      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $199,999
        12/4/2023 4:06:50 PM Price Reduced Source: Multiple Listing Service New Value: $199,999 -6.98%
        11/15/2023 2:06:30 PM Price Reduced Source: Multiple Listing Service New Value: $215,000 -4.44%
        8/29/2023 10:07:00 AM New in Database Source: Multiple Listing Service New Value: $225,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.