Homes for sale - N8151 M-35 Highway, Cedar River, MI 49887

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Shawn Murphy, GRI, SRES

srmurphy@ferndalerealty.com +1(888) 983-2544

$ 2,000,000

Est. payment | -/mo

5,100 SqFt

Save

$ 2,000,000

Est. payment | -/mo

Save

5,100 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $392

Subdivision Mi

MLS Listing ID 50167074

Year Built 2004

Lot Size 6.570 Acres

Acres 6.57

Lot Dimensions 377x165x121x25x275x465x..

Property Sub-Type Commercial/Industrial

Property Description

Welcome to Cedar River Plaza, a rare opportunity to own a fully operational convenience store, gas station, and full service restaurant. Situated in the heart of the Upper Peninsula, this prime location offers exceptional visibility and accessibility on the north side of the highway. As the only store between Menominee and Escanaba for a 50 mile stretch, Cedar River Plaza serves as a vital stop for travelers and locals alike. It is also the only full service gas station within 55 miles of both Escanaba and Menominee, offering diesel fuel and propane. With ample parking including space for 15 to 20 semi trucks and 30 to 40 cars plus designated overnight parking, this property caters perfectly to long haul drivers and tourists exploring the U.P. Recently installed pay to use vacuum and air hose systems outside provide added convenience, featuring two total units: one standard air hose and one high pressure air hose. The full service restaurant operates seven days a week, providing hot food to a loyal customer base. Recent upgrades completed within the last two years include new heating and air systems (HVAC), coolers, and kitchen freezers, ensuring efficient and modern operations. Beer, wine, liquor, tobacco, and lottery licenses are in place, enhancing the store's revenue streams. Additionally, EV charging stations are conveniently located out front under a lease agreement. At the pumps, there are two dispensers for regular gas offering four fueling spots and two dispensers for diesel fuel. The diesel pumps include satellite dispensers, allowing fueling from both sides for added convenience. Positioned just a half hour drive from both the Wisconsin border and Escanaba, Cedar River Plaza is a high traffic stop with excellent income potential. It is conveniently located near Lake Michigan and several boating facilities, including the Cedar River State Harbor and Cedar River Mouth Boat Launch, both approximately one mile away. Don't miss this chance to own a well established business in a thriving and strategic location!

Location

State MI

County Menominee

Area Cedarville Twp (55002)

Zoning Commercial

Interior

Cooling HVAC

Exterior

Parking Features 21+ Spaces, Parking Lot

Roof Type Shingles

Building

Water Artesian Private Well

Structure Type Concrete/Block

Others

Ownership LLC

SqFt Source Public Records

Energy Description LP/Propane Gas

Financing Cash,Commercial Loan

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by RE/MAX 1ST REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

N8151 M-35 Highway Cedar River, MI 49887