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Midway Grab and Go 12240 S Dixie 3,018 SF Retail Building La Salle, MI 48145 $547,711 CAD ($181.48 CAD/SF)

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Investment Highlights

  • When roofing was redone, the owner made it so there is space above the building for a 2-3 bedroom, 1 bath apartment to be built
  • There is ample space for a small drive thru/pick up window using the existing window in the kitchen area.
  • Location would be a great fit to add a gas station as it would be the only gas station between Monroe and Toledo along S Dixie Hwy.

Executive Summary

Market has the following licenses: Beer & Wine, Lottery, EBT, Food and Tobacco. Owners have applied for a liquor license but it is still sitting with the State of Michigan. There is the option for a 3 bedroom, 1 bathroom apartment that could be built/finished above the market. 6,312 AADT per MDOT. Reoccurring $25 Fire Assessment

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,018 SF
Building Class
C
Year Built
1950
Price
$547,711 CAD
Price Per SF
$181.48 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.41 AC
Zoning
C - Commercial-Residential
Parking
13 Spaces (4.31 Spaces per 1,000 SF Leased)
Frontage
183’ on South Dixie Highway

Amenities

  • Corner Lot
  • Signage
  • Storage Space
  • Air Conditioning

About 12240 S DIXIE , LA SALLE, MI 48145

Established neighborhood convenience store in La Salle, MI with exceptional traffic exposure and expansion potential! Per MDOT, an average of 6,312 vehicles pass by the property daily, providing outstanding visibility and consistent customer flow. The store enjoys a prime location near local marinas, generating strong seasonal traffic from boaters and lake visitors throughout boating season. This store offers multiple revenue streams, including lotto, tobacco, beer and wine sales, grocery essentials, firewood, propane, current owner prepares pizza and subs for carry-out, creating strong repeat business and steady local traffic. Major updates have already been completed, including a new furnace and A/C (2025), freshly redone blacktop, and updated kitchen equipment. The roof, ceiling, and flooring were replaced about 4 years ago, giving the new owner peace of mind on big-ticket improvements. Sale includes 2 pizza ovens, 1 bread oven, 1 freezer, 1 fridge, a deli case, meat slicer, 9 refrigerators on one side and 8 refrigerators on the other — making this a truly turnkey operation. Additional upside: The location offers the potential to add fuel service (subject to approvals). Notably, there are no gas stations between Monroe and Toledo along this corridor, presenting a rare opportunity to capture unmet demand. Excellent opportunity for an owner-operator or investor to acquire a well-established business with built-in clientele and room for expansion. Inventory negotiable.

Property Taxes

Property Taxes

Parcel Number
09-130-018-10
Land Assessment
$17,805 CAD
Improvements Assessment
$132,716 CAD
Total Assessment
$150,521 CAD
  • Listing ID: 39479168

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 12240 S Dixie, La Salle, MI 48145

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