11380 Starvation Lake Rd NE - Convenience Store FOR SALE


Mancelona, MI 49659
$328,500 USD
810-488-9996

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$328,500 USD
Convenience Store - FOR SALE
null | Request Cap Rate

11380 Starvation Lake Rd NE
Mancelona, MI 49659


HIGHLIGHTS

  • Fully functioning business with multiple income streams including retail, fuel, and RV sites.
  • Comprehensive upgrades to infrastructure including gas system, septic, electrical, refrigeration, and roofing.
  • Walkable to Starvation Lake and near the Blue Bear Snowmobile Trail offering year-round outdoor traffic.
  • On-site kitchen facilities to support quick-service food operations.
  • All licenses intended to transfer with sale, enabling seamless transition for new ownership.
  • Enhanced security system, upgraded POS, and generator hookup in place for operational reliability.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$328,500 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,183 SF

ZONING

-

APN/PARCEL ID

002-005-032-00

ASK ABOUT THIS PROPERTY

Jonathan DixonCentury 21 Curran & OberskiMore Info
810-488-9996

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Jonathan DixonCentury 21 Curran & OberskiMore Info
810-488-9996

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.