Cedar River Plaza – Cedar River, MI

N8151 Michigan 35, Cedar River, MI, USA

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.

  • Strategic Site: 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 in its market corridor.
  • Business & Real Estate Investment: This offering includes both the operating business and the underlying real estate, providing investors with the dual benefits of immediate cash flow from established operations and long-term real estate appreciation potential.
  • Multiple Revenue Streams: Fuel (gas, diesel, propane), convenience store, full‐service restaurant, ancillary services (vacuum/air hose), diversifying income beyond just fuel retail.
  • EV Charging and Upgrades: The site includes two EV charging stations and has undergone nearly $300,000 in recent facility upgrades.
  • Barriers to Entry: It would be difficult for a new competitor to establish a stop here due to the area’s isolation and lack of supporting infrastructure.
  • Demand Drivers & Surrounding Area Highlights: The property benefits from its proximity to JW Wells State Park Campground and the State Marina, both of which generate substantial seasonal traffic and contribute
    a strong influx of customers throughout the summer and fall months. Additionally, the location receives consistent business from nearby hunting camps, which helps drive steady sales during the off-season and supports year-round performance.
  • Highway Investment: The Michigan Department of Transportation (MDOT) recently committed ~$4.5 million for resurfacing and shoulder improvements on this stretch of M-35, underscoring the strategic importance of the route and its expected continued traffic relevance.
  • Economic/Industrial Base: In Menominee County, manufacturing is the largest industry (~3,150 people), followed by healthcare/social assistance and retail trade.

 

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. # 650242411

Price

$2,300,000

PREMISES

5,100 SF

Lease Type

Business + Real Estate

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