N8151 State Highway M35 - Service Station FOR SALE


Cedar River, MI 49887
$2,300,000 USD
843-931-9537
N8151 State Highway M35, Cedar River, MI for Sale
$2,300,000 USD
Service Station - FOR SALE
1/5
null | Request Cap Rate

N8151 State Highway M35
Cedar River, MI 49887


HIGHLIGHTS

  • The gas station is the only full-service gas station within ~50 miles of both Escanaba and Menominee, giving the property a monopoly-type advantage.
  • This offering includes both the operating business and the underlying real estate, providing investors with the dual benefits of immediate cash flow.
  • Fuel (gas, diesel, propane), convenience store, full-service restaurant, ancillary services (vacuum/air hose).
  • The site includes two EV charging stations and has undergone nearly $300,000 in recent facility upgrades.
  • It would be difficult for a new competitor to establish a stop here due to the area's isolation and lack of supporting infrastructure.
  • The property benefits from its proximity to JW Wells State Park Campground and the State Marina, both of which generate substantial seasonal traffic.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 5,100 SF Cedar River Plaza located at N8151 State Hwy M35 in Cedar River, MI. This property represents both a thriving operating business and a valuable piece of real estate. It is the only full-service gas station within approximately 50 miles of both Escanaba and Menominee, offering a strong competitive advantage in its market. The site features multiple income streams, including fuel (gas, diesel, propane), a convenience store, a full-service restaurant, and ancillary services such as a vacuum and air hose, providing a stable and diversified investment opportunity. IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$451 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedar River Shell Plaza - Cedar River, MI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.67 AC

LAND SF

290,545 SF

ZONING

-

APN/PARCEL ID

001-123-006-00

ASK ABOUT THIS PROPERTY

Zachary PassmanSands Investment GroupMore Info
843-931-9537

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Zachary PassmanSands Investment GroupMore Info
843-931-9537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.