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11380 Starvation Lake Rd NE 1,380 SF Retail Building Mancelona, MI 49659 $458,461 CAD ($332.22 CAD/SF)
Investment Highlights
- Fully functioning business with multiple income streams including retail, fuel, and RV sites.
- Walkable to Starvation Lake and near the Blue Bear Snowmobile Trail offering year-round outdoor traffic.
- All licenses intended to transfer with sale, enabling seamless transition for new ownership.
- Comprehensive upgrades to infrastructure including gas system, septic, electrical, refrigeration, and roofing.
- On-site kitchen facilities to support quick-service food operations.
- Enhanced security system, upgraded POS, and generator hookup in place for operational reliability.
Executive Summary
This property presents an attractive opportunity to acquire a fully operational convenience business with diverse revenue streams set in the heart of Northern Michigan’s recreational corridor. Positioned near Starvation Lake and the Blue Bear Snowmobile Trail, the site caters to a steady flow of seasonal and local customers. The offering includes an established party store, fueling station, and four RV full-hookup sites—two currently leased under long-term agreements.
Significant improvements enhance buyer confidence, including upgraded coolers and freezers, a new metal roof, a modern POS and security system, upgraded pump and tank system, and electrical updates. Food service is supported by a full kitchen available for pizza and sandwich preparation, complemented by retail offerings such as propane, lottery, and alcoholic beverages. Licenses will transfer subject to state approval, ensuring operational continuity. The property is within walking proximity to local landmarks and offers generous site amenities including generator hookup and improved septic capacity. This sale delivers potential for owner-users or investors seeking a versatile asset positioned for both steady income and growth in a popular destination hub.
Significant improvements enhance buyer confidence, including upgraded coolers and freezers, a new metal roof, a modern POS and security system, upgraded pump and tank system, and electrical updates. Food service is supported by a full kitchen available for pizza and sandwich preparation, complemented by retail offerings such as propane, lottery, and alcoholic beverages. Licenses will transfer subject to state approval, ensuring operational continuity. The property is within walking proximity to local landmarks and offers generous site amenities including generator hookup and improved septic capacity. This sale delivers potential for owner-users or investors seeking a versatile asset positioned for both steady income and growth in a popular destination hub.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,380 SF
Building Class
C
Year Built
1949
Price
$458,461 CAD
Price Per SF
$332.22 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.04 AC
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 002-005-032-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $105,090 CAD |
Property Taxes
Parcel Number
002-005-032-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$105,090 CAD
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11380 Starvation Lake Rd NE
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