For sale

$449,900

8271 N M 123, Paradise, MI 49768

3beds

905sqft

$3,221/mo

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Single Family Residence

Built in 1950

-- sqft lot

$-- Zestimate^®

$497/sqft

$-- HOA

What's special

Large private yardAttached garageAmple storage

Unique live-work opportunity in the heart of Paradise! This 3-bedroom, 1-bath year-round home features a large private yard and is attached to a well-established neighborhood grocery store, offering flexibility for owner-occupancy, rental income, or a combination of both. The property includes an attached garage, ample storage, and a spacious commercial area with extensive cooler and freezer capacity. Recent updates include a new roof membrane in 2025 and a newer refrigeration compressor. Located in one of Michigan's premier Upper Peninsula destinations, the property benefits from strong seasonal traffic, growing tourism, expanding short-term rental activity, and continued second-home development. A rare opportunity to own a home with built-in income potential in a thriving community.

106 days
423
22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
3/4 bathrooms: 1

Bedroom 1

Level: Second
Area: 110.19 Square Feet
Dimensions: 10.25 x 10.75

Bedroom 2

Level: Second
Area: 97.5 Square Feet
Dimensions: 13 x 7.5

Bedroom 3

Level: Second
Area: 102.21 Square Feet
Dimensions: 9.25 x 11.05

Other

Level: Main
Area: 50.25 Square Feet
Dimensions: 7.5 x 6.7

Dining room

Level: Main
Area: 128.01 Square Feet
Dimensions: 10.45 x 12.25

Kitchen

Level: Main
Area: 106.31 Square Feet
Dimensions: 15.75 x 6.75

Living room

Level: Main
Area: 204.08 Square Feet
Dimensions: 17.14 x 11.9

Heating

Propane

Cooling

None

Appliances

Included: Dryer, Gas Range, Microwave, Refrigerator, Washer
Laundry: Main Level

Features

Flooring: Laminate
Windows: Double Pane Windows
Basement: Sump Pump,Partial
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 905
Total interior livable area: 905 sqft
Finished area above ground: 905
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2

Lot

Features: Irregular Lot

Details

Additional structures: Shed(s)
Parcel number: 01622204500

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Block, Wood Siding
Foundation: Block
Roof: Rubber

Condition

Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Drilled Well

Community & HOA

Location

Region: Paradise

Financial & listing details

Price per square foot: $497/sqft
Tax assessed value: $264,000
Annual tax amount: $3,240
Date on market: 6/8/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,466/mo

Price history

Date	Event	Price
6/8/2026	Listed for sale	$449,900$497/sqft
Source: EUPBR #26-434 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,655	$132,000 +71.2%
2024	--	$77,100 +7.2%
2023	--	$71,900 +8.4%
2022	--	$66,300 -15%
2021	--	$78,000
2020	$2,917 +1.7%	$78,000 +2.4%
2019	$2,868 +9.5%	$76,200 -4.8%
2018	$2,620 +219.2%	$80,000
2017	$821 +0.9%	$80,000 +20.7%
2016	$814	$66,300
2011	$814 -66.5%	$66,300
2010	$2,430	$66,300