Live in the beautiful Upper Peninsula of Michigan! An exceptional chance awaits to own your own business with the added option to reside in the attached home or lease it out. Garth Bluff Grocery & Gas, a well-established store since 1972, is now available for new ownership. Nestled in an ideal location, this store enjoys year-round business with an additional influx of tourists through-out the year. Situated amidst a hub of recreational activities including water sports, hunting, snowmobiling, and off-road adventures, the store caters to a diverse clientele seeking grocery essentials, gas, and propane. Its strategic proximity to campgrounds, Lake Michigan, and the Whitefish River ensures a steady flow of customers. The attached home features two bedrooms, a full bath, and a deck with a pergola overlooking the above-ground pool. Additional living space and a full bath in the basement offer potential for rental income. A spacious 2-3 stall garage with a second-story storage area, complete with a back staircase and deck, provides ample storage and utility. The store itself boasts coolers for beverages, food coolers, generous counter space, and a coffee bar for early risers. Abundant shelves allow for versatile product offerings, while the store's licenses to sell beer, wine, liquor, and various other items add to its appeal. As the current owners retire, seize this opportunity to make Garth Bluff Grocery & Gas your own. Don't miss out on this chance to invest in a thriving business with endless possibilities.
Incredible commercial property opportunity on 26 acres of prime land! This corner lot is situated on two highways - US2 on the south and US 41 on the west, providing maximum visibility and accessibility for potential customers. The 7000 square foot building on the property offers ample space for any business venture. Not only does this property offer a fantastic location, it also boasts additional income potential with a billboard lease. The property features two established driveways, making it easy for customers and employees to access the site. Adding to the appeal of this property is its close proximity to an ATV and snowmobile trail, ensuring a steady stream of visitors year-round. And to top it all off, the picturesque Tacoosh River runs through the property, providing a peaceful and scenic backdrop for your business. Don't miss out on this rare opportunity to own a commercial property with so much potential. Schedule a showing today and see the possibilities for yourself!
The median home value in Rapid River, MI is $243,500. This is higher than the county median home value of $131,500. The national median home value is $338,100. The average price of homes sold in Rapid River, MI is $243,500. Approximately 48.96% of Rapid River homes are owned, compared to 4.64% rented, while 46.4% are vacant. Rapid River real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rapid River real estate agent to arrange a tour today!
Rapid River, Michigan has a population of 3,499. Rapid River is less family-centric than the surrounding county with 21.77% of the households containing married families with children. The county average for households married with children is 23.81%.
The median household income in Rapid River, Michigan is $57,930. The median household income for the surrounding county is $51,117 compared to the national median of $69,021. The median age of people living in Rapid River is 54 years.
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 30.3 inches per year, with 78.1 inches of snow per year.