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Cedar River Shell Plaza - Cedar River, MI N8151 State Highway M35 5,100 SF Retail Building Cedar River, MI 49887 $3,210,616 CAD ($629.53 CAD/SF)
INVESTMENT 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.
- Fuel (gas, diesel, propane), convenience store, full-service restaurant, ancillary services (vacuum/air hose).
- It would be difficult for a new competitor to establish a stop here due to the area's isolation and lack of supporting infrastructure.
- This offering includes both the operating business and the underlying real estate, providing investors with the dual benefits of immediate cash flow.
- The site includes two EV charging stations and has undergone nearly $300,000 in recent facility upgrades.
- The property benefits from its proximity to JW Wells State Park Campground and the State Marina, both of which generate substantial seasonal traffic.
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,100 SF
Building Class
C
Year Built
1980
Price
$3,210,616 CAD
Price Per SF
$629.53 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
6.67 AC
Opportunity Zone
Yes
PROPERTY TAXES
| Parcel Number | 001-123-006-00 | Improvements Assessment | $217,590 CAD |
| Land Assessment | $28,058 CAD | Total Assessment | $245,648 CAD |
PROPERTY TAXES
Parcel Number
001-123-006-00
Land Assessment
$28,058 CAD
Improvements Assessment
$217,590 CAD
Total Assessment
$245,648 CAD
CONTACTS
-
Zachary Passman -
Chris Sands -
John Brown -
Clifton McCrory -
Sands Investment Group
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Cedar River Shell Plaza - Cedar River, MI | N8151 State Highway M35
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