Roscommon, MI Commercial Real Estate for Sale and Lease

Roscommon, Michigan sits at the crossroads of I-75, M-18, and M-55, making it a prime location for retail, service, and light industrial businesses. The village’s mix of historic downtown storefronts and modern strip centers serves both year-round residents and seasonal visitors drawn to nearby Higgins and Houghton Lakes.

Local incentives—from SBA and USDA financing to support from the Roscommon County Economic Development Corporation—make launching or expanding a business here straightforward. Recent upgrades to broadband and roads, plus flexible zoning and permitting, mean investors and entrepreneurs can secure everything from Main Street retail spaces to industrial lots with confidence in long-term growth.

Roscommon, MI Commercial Real Estate for Sale and Lease

Real Estate Statistics

Average Price $322K
Lowest Price $95.9K
Highest Price $650K
Total Listings 8
Avg. Days On Market 78
Avg. Price/SQFT $100

Property Types (active listings)


Browse Roscommon, MI Commercial Real Estate for Sale and Lease

Roscommon, MI Commercial Real Estate for Sale and Lease:

Introduction

Introduction

Welcome to your definitive guide on Roscommon, MI commercial real estate—an ever-evolving market brimming with possibilities.

Whether you’re a seasoned investor searching for your next big venture or a newcomer exploring leasing options, Roscommon County offers a blend of small-town charm, robust infrastructure, and emerging growth sectors. In the sections that follow, we’ll unpack market history and data, spotlight the driving forces behind recent expansions, examine the property types on offer, and share actionable strategies to help you capitalize on Prime 7 opportunities. Along the way, you’ll gain insights into financing, zoning, and negotiation, plus direct answers to the six most-asked questions before we wrap up. Let’s dive in and discover why Roscommon should be top of your commercial real estate shortlist.

Overview of Roscommon, Michigan’s Commercial Real Estate Market

Overview of Roscommon, Michigan’s Commercial Real Estate Market

Roscommon County occupies a strategic position in northern Michigan, bridging the tranquility of its lakes and forests with crucial road corridors like I-75 and state Routes 55 and 18. Historically, local commerce centered around forestry, small-scale manufacturing, and tourism tied to lakes such as Higgins Lake and Houghton Lake. Over the past decade, however, we’ve seen a marked shift toward diversified commercial ventures—from boutique retail districts near downtown Roscommon to light industrial parks catering to regional distribution needs.

Historical Market Trends
In the early 2000s, available commercial square footage in Roscommon hovered around 200,000 sq ft, primarily divided between Main Street storefronts and agri-support facilities. A post-2008 resurgence—driven by affordable land prices and state incentives for rural development—sparked a steady uptick in mixed-use projects. By 2015, total inventory had risen about 15% as out-of-state investors acquired former lumber mills and repurposed them into artisan workshops and co-working hubs.

Current Market Data & Analysis
As of Q1 2025, Roscommon’s commercial inventory sits at approximately 245,000 sq ft, with vacancy rates averaging 8.3%—notably lower than the 10.5% statewide rural average. Rental rates range from $8 to $12 per sq ft for retail, $6 to $9 per sq ft for office space, and $4 to $6 per sq ft for industrial facilities. Land values have climbed nearly 20% since 2020, fueled by growing tourism and the arrival of remote-work professionals seeking affordable, quality-of-life trade-offs. Significant transactions include:

  • Downtown Roscommon Retail Center: 12,000 sq ft sold for $1.45 million in October 2024.

  • Houghton Lake East Business Park: 40,000 sq ft of light manufacturing leased to a regional logistics firm at $5.50 sq ft in January 2025.

Taken together, these figures illustrate a resilient, opportunity-rich environment—Roscommon is no longer just a seasonal escape, but an emerging commercial destination.

Key Factors Driving Growth in Roscommon

Roscommon’s appeal extends far beyond its scenic lakeshore vistas. A confluence of economic, demographic, and infrastructure factors underpins the region’s commercial real estate upswing.

Economic & Demographic Trends

  1. Population Stabilization & Modest Growth: After decades of slight declines, census data show Roscommon County’s population stabilizing around 24,500 residents, with a 1.2% increase since 2020—largely driven by retirees and young families relocating from urban centers seeking affordability.

  2. Tourism-Fueled Service Sector: Year-round attractions like military training events at Camp Grayling and winter sports on Higgins Lake generate consistent traffic, sustaining hotels, restaurants, and retail outlets. The service sector now accounts for nearly 45% of local employment.

  3. Entrepreneurial Momentum: Local initiatives—such as the Roscommon County Small Business Development Center—offer grants and advisory services, encouraging launch of specialty shops, breweries, and wellness studios.

Infrastructure & Development Projects

  1. Roadway Upgrades: Investments totaling $25 million over the next five years target improvements on M-18 and M-55, enhancing connectivity to I-75 and cutting freight transit times by up to 15%.

  2. Broadband Expansion: A $3 million state grant is nearly complete, delivering fiber-optic access to 90% of commercial zones—crucial for tech-driven businesses and remote workers.

  3. Utilities & Green Initiatives: Partnerships with local utilities are expanding solar micro-grids at key commercial parks, offering discounted power rates and reducing operating costs by up to 10%.

These drivers consolidate Roscommon’s position as a growth corridor in northern Michigan, where investors can tap both traditional sectors and emergent markets—everything from outdoor recreation supply chains to health-care support services.

Types of Commercial Properties in Roscommon

Types of Commercial Properties in Roscommon

Roscommon’s commercial landscape is diverse, catering to a spectrum of business models. Understanding each property class is essential for matching your investment goals.

Retail Spaces

  • Downtown Storefronts: Located along Main Street in Roscommon and Prudenville, these 1,000–3,000 sq ft units feature historic brick facades and street-level exposure—ideal for boutiques, cafes, or art galleries.

  • Strip Centers: Newly developed plazas near highway exits accommodate big-box anchors, fast-casual dining, and service-oriented tenants (e.g., auto repair, medical clinics). Rental rates average $10 sq ft triple net (NNN).

Office Buildings

  • Converted Historic Structures: Renovated libraries and upper-story spaces provide 500–1,500 sq ft offices, popular with legal firms, accountants, and telemedicine providers.

  • Modern Flex Offices: Business parks in Houghton Lake East offer 2,000–5,000 sq ft units with shared conference rooms and on-site parking. Lease rates hover around $8.50 sq ft landlord-paid (full-service).

Industrial & Warehouse Facilities

  • Light Manufacturing: 10,000–30,000 sq ft facilities equipped with 16-ft clear heights and dock-level doors, leased at $5 sq ft NNN. Tenants include furniture makers and food-processing startups.

  • Storage & Distribution: Climate-controlled warehouses serve e-commerce fulfillment, with 24-hour access and $4.75 sq ft NNN leases. Several parcels remain for ground-up development.

Whether you seek the street-scenery charm of small-town retail or the functional efficiency of modern industrial parks, Roscommon’s range of property types creates multiple pathways to long-term cash flow and appreciation.

Investment Strategies & Opportunities

Investment Strategies & Opportunities

Identifying the right approach—buying versus leasing, self-managing versus turnkey—can make or break your commercial venture. Here are strategic considerations:

Buying vs. Leasing Commercial Properties

  • Buying offers equity buildup and tax advantages (depreciation, interest deductions), but requires upfront capital and ongoing maintenance responsibilities. Ideal for investors comfortable with longer hold periods (5–10 years).

  • Leasing minimizes capital outlay and shifts maintenance to the landlord, but offers less upside on property appreciation. Best for businesses aiming to conserve cash or test market viability.

Financing Options & Incentives

  • SBA 504 Loans: Cover up to 90% of project costs for owner-occupied properties, with fixed rates below 4% and terms up to 25 years—an excellent fit for small businesses purchasing new facilities.

  • USDA Rural Development Loans: Provide loans or grants for business expansion in qualifying areas of Roscommon County, with favorable rates and partial forgivable portions for job-creating projects.

  • Local Incentives: The Roscommon County Economic Development Corporation offers tax abatements and site readiness grants for manufacturing and technology ventures.

ROI Case Studies: Success Stories in Roscommon

  1. Houghton Lake Brewpub: Local entrepreneur borrowed via an SBA 504 loan to purchase and renovate a 2,500 sq ft retail space—achieving 12% annual cash-on-cash returns and 30% net occupancy within 18 months.

  2. Auto Parts Distribution Center: Acquisition of a 15,000 sq ft light industrial building at $4 sq ft NNN—leased to a regional distributor, generating $90,000 annual net income and appreciating 8% year-over-year.

By aligning your financial structure with market dynamics and leveraging available programs, you can significantly amplify returns and mitigate risk. Diligent due diligence—inspecting structural condition, reviewing tenant credit profiles, and stress-testing pro forma cash flows—is essential to sustainable investment success.

Navigating the Commercial Real Estate Process

Closing a commercial deal in Roscommon involves multiple stakeholders and steps. Being prepared can streamline timelines and reduce surprises.

Working with Local Brokers
Experienced brokers—such as those at BrookWalsh.com—bring deep knowledge of off-market listings, pricing nuance, and negotiation tactics tailored to northern Michigan’s rhythms. Commission structures typically range from 4–6%, but the value in speed and expertise often outweighs the fee.

Legal Considerations & Zoning Regulations

  • Roscommon County Zoning Ordinances: Define permissible uses in each district (C1 retail, C2 commercial, I1 industrial). Confirm allowable square footage, signage rules, parking ratios, and environmental overlays with the county planning department.

  • Environmental Due Diligence: Older industrial sites may require Phase I environmental site assessments. Budget $2,500–$5,000 for initial reports and plan for remediation if contaminants are detected.

Tips for Negotiating the Best Deal

  1. Leverage Market Data: Cite comparable sales and lease comps—highlighting recent transactions at similar rates strengthens your bargaining position.

  2. Flexible Terms: Offer longer lease terms or upfront earnest money to signal commitment, in exchange for rent concessions or tenant improvement allowances.

  3. Contingency Clauses: Include financing, inspection, and zoning approval contingencies to protect your deposit if issues arise.

By assembling a team—legal counsel, environmental consultant, broker, and lender—you’ll navigate due diligence efficiently and close with confidence.

Frequently Asked Questions

Frequently Asked Questions

Q. What is the average price per square foot for commercial properties in Roscommon?

A. Retail spaces average $10 sq ft triple net, offices $8–$9 sq ft full-service, and industrial facilities $4–$6 sq ft NNN, based on Q1 2025 data.

Q. What are the zoning regulations for commercial development in Roscommon County?

A. Roscommon County designates zones like C1 (retail), C2 (general commercial), and I1 (industrial). Check the county’s planning department or visit Roscommon County Planning for specific use, setback, and signage guidelines.

Q. How can I finance a commercial property purchase in Roscommon?

A. Common options include SBA 504 loans for owner-occupied properties, USDA Rural Development programs for rural businesses, conventional bank financing, and local economic development incentives.

Q. Which types of commercial properties are in highest demand?

A. As of mid-2025, retail storefronts near lakeshore communities and light industrial facilities for regional distribution show the strongest occupancy and lowest vacancy rates.

Q. What is the economic outlook for Roscommon County’s commercial market?

A. With population stabilization, continued tourism growth, and infrastructure upgrades (road improvements, broadband expansion), Roscommon’s commercial real estate fundamentals remain positive.

Q. How long does it typically take to close on a commercial real estate deal in Roscommon?

A. Average closing times range from 60 to 90 days, depending on financing complexity, environmental reviews, and zoning approvals.

Conclusion

Roscommon, Michigan stands at the cusp of a commercial real estate renaissance, where historic charm meets modern opportunity. With diversified property types—retail, office, and industrial—backed by favorable financing programs and ongoing infrastructure investments, Prime 7 deals await both bold investors and pragmatic business owners.

By understanding local market dynamics, leveraging expert brokers, and structuring smart financing, you can secure properties that deliver sustainable cash flows and long-term appreciation. Ready to explore Roscommon’s commercial landscape? Visit BrookWalsh.com to connect with seasoned brokers who know the county inside out and can steer you toward your ideal investment.

Continue your Northern Michigan commercial real estate search in the communities below or contact Brook Walsh to help you with your search. 

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