8271 M-123, Paradise, MI 49768

$449,900
  • 8271 M-123, Paradise, MI 49768 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET905 MLS#26-434
STATUSActive PROPERTY TYPEResidential - SCHOOLWhitefish

Property Description

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.

8271 M-123 | MLS# 26-434

This home located at 8271 M-123, Paradise, MI 49768 is currently listed for sale with an asking price of $449,900. This property was built in 1950 and has 3 bedrooms and 1 full baths with 905 sq. ft. M-123 is located within the Whitefish school district. Search Paradise real estate on www.ikeyrealty.com today.

Property Features

Property Type: Residential -
Basement: Yes
Cooling: None
Garage: 1 car attached
Heating: Propane
Lot Size: Irregular
Roof Type: Rubber Roofing
Taxes: $3,240
Year Built: 1950

Feature Descriptions

Additional Rooms: Bonus Room 1,Office
Appliances: Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer
Exterior: Block, Wood
Extras: Paved Driveway, Paved Street, Shed(s)
Fireplace: None
Foundation: Block
Interior: Laminate Flooring, Sump Pump
Landscping: Garden - Floral, Lawn, Trees
Laundry: Main Level
Lot: Irregular Lot
Lot Dimensions: Irregular
Patio/Deck: Open Patio
Seasonal: No
Sewer: Septic
SQFT Above Grade: 905.00
University Area: No
Water: Drilled Well
Windows: Double Pane Windows, Wood

Room Sizes

Living Room: 11.90 X 17.15 Level - M
Dining Room: 12.25 X 10.45 Level - M
Kitchen: 6.75 X 15.75 Level - M
ThreeQuarter Bathroom: 6.70 X 7.50 Level - M
Bedroom 1: 10.75 X 10.25 Level - 2
Bedroom 2: 7.50 X 13.00 Level - 2
Bedroom 3: 11.05 X 9.25 Level - 2

Local Schools

School District: Whitefish

Listed By / Shown By

Listed By

Agency Name: RE/MAX NorthStar Realty
Agency Phone: (906) 635-1000

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 2,917.83 per month $2,516.61 Principal & Interest $270.00 Property Tax $131.22 Homeowner's Insurance

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