Commercial: MLS #1943430 Gladwin, MI $ 449,000
Commercial: MLS #1943430
$ 449,000
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Commercial: MLS #1943430

Gladwin, MI, 48624
$ 449,000
Bedrooms-- Baths2.0 Sq 6,146

Monthly Estimate*

$ 2,765

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Commercial Property for sale in Gladwin, MI

for $449,000 with 2 full baths. This 6,146 square foot building was built in 1978 on a lot size of 1.47.

For sale! A proven, high-performing convenience and food-focused store located in a strong “Up North” Michigan lake community that boasts over 1800 homes, 700 camping lots, 2 all sports lakes AND an 18-hole championship golf course. The business has a loyal year-round customer base while benefitting from strong seasonal tourism traffic, giving it both stability and travel thru visitors! Current owners thoughtfully developed this destination for quality food, beverages, sporting goods (bait and fishing supplies) and essentials. Fresh prepared food sales are a key driver, with an established pizza and gourmet sandwich program, hand scooped ice cream with grab-and-go options bringing customers back consistently. This isn’t just a convenience store; it’s a community stop with real food credibility and repeat business. The operation includes a well-equipped kitchen, established supplier relationships, and efficient processes that support strong sales without requiring reinvention. There is significant potential for an owner-operator or family operator, especially through continued growth of food offerings and targeted local marketing. The large 1.4-acre property has plenty of room to expand business opportunities outside with approximately 4000 square feet of potential in 2 large pole buildings in the back. This is an excellent opportunity for an experienced operator looking to expand or for a family or individual seeking an established, turnkey business in a desirable lifestyle location.

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Commercial Active

Price

$ 449,000

Full Bath

2

Property Type

Commercial

Taxes

$ 4,853

Style

Lot Size

1.47

Year Built

1978

Town/City

Gladwin

County/Region

Gladwin

MLS | Web ID

1943430

Features
General
Sewer Private Sewer
Heating Propane
Cooling Central Air
Possession Negotiable
Roof Asphalt Metal
Security Features Security System
Construction Materials None Wood Siding
Year Built 1978
Township Sherman
Property Subtype Retail
Tax Year 2025
Business Type Food & Beverage Retail Convenience Store
Accessibility None
Assoc Fee Paid Per Annually
Business Name Larry's Bait Shop & Pizza
County Gladwin
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Building Features 12ft Ceiling Height
Rent Includes None
Status Active
Directions From Gladwin-North on M18 to F97. North on F97 to store location.
City Gladwin
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 64033.2
Carport Y/N N
Tax Annual Amount 4853
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Virtual Tour https://youtu.be/9FNeQVlUBts
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 110100
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description SEC 13 20 2W PART OF NE 1/4 OF NE 1/4 COM S 0DEG 11MIN 44SEC W 472.5FT FROM NE COR OF SD SEC TH S 0DEG 11MIN 44SEC W 192.74FT TH N 88DEG 40MIN W 332.6FT TH N 0DEG 11MIN 44SEC E 192.74FT TH S 88 DEG 4
Freehold IDX
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Exterior
Parking Features Parking Lot
Lot Features Freestanding
Water Source Private
Total Parking 20
Lot Size Area 1.47
Foundation Details Slab
Spa N
Lot Dimensions 192x332x192x332
Lot Size Acres 1.47
Road Surface Type Asphalt
Other Parking Parking Lot
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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* Excluded Features
List By
Cedar & Crow Realty

Broker

(989) 965-5391

Phone

Affordability Calculator

$3,169
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,765
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$449,000 Listed Price

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