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Alpena, MI Drive Through Restaurants for Sale

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Crittenden, KY Ossineke, MI Presque Isle, MI

Alpena Freestanding Wendy’s Investment Property

$2,153,739

2,907 SF

Alpena Freestanding Wendy’s Investment Property

1036 W Chisholm St, Alpena, MI 49707

Freestanding Wendy’s in Alpena, MI with long-term lease.

Long‑term absolute net lease structure provides a passive investment.
Operated by a large and established 50+ unit franchisee, Wen‑Well National.
Unit ranks in the top third of all Wendy’s locations in Michigan.
Low rent to sales ratio of less than seven percent (7%) indicates strong performance.
Located in a growing retail market with recent store openings from Aldi and Marshall’s.

Updated: Feb 4

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$185,000

0.99 Acres

Commercial Lots on Major Thoroughfare

930 & 934 W Washington, Alpena, MI 49707

Commercial lots with high visibility and traffic flow potential.

High visibility location on M‑32 with 205 ft of roadway frontage.
Zoned CCD (Commercial Corridor District) offering versatile business opportunities.
Two large curb cuts to accommodate high traffic flow, ideal for drive‑thru businesses.
Ground contamination clean‑up completed by EGLE.
Potential EGLE grants available for BEA and mixed‑use development.

Updated: Jun 26, 2023

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$1,490,000

14,744 SF

Office Building with Drive Thru

14,744 SF office building with drive-thru canopy for sale.

3262 Cabaret Trail S, Saginaw, MI 48603

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Freestanding Commercial Building on Richfield Road

$450,000

4,552 SF

Freestanding Commercial Building on Richfield Road

4,552 SF building on 1.89 acres in Flint, Michigan.

5510 Richfield Road, Flint, MI 48506

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$350,000

11,410 SF

Saginaw Commercial Property on Corner

Commercial property with high visibility and versatile usage options.

530 W Genesee Ave, Saginaw, MI 48602

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Drive-Thru Restaurant Investment Opportunity

$750,000

3,196 SF

Drive-Thru Restaurant Investment Opportunity

Freestanding drive-thru restaurant with long-term net lease for sale.

4335 Pierson Rd, Flint, MI 48504

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$185,000

Commercial Lots in High-Visibility Location

Commercial lots in Alpena with high visibility and traffic flow.

930 & 934 W Washington, Alpena, MI 49707

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$210,000

8.00 Acres

Harrison Commercial Land For Sale

8-acre commercial land with high visibility in Harrison, MI.

TBD N Clare, Harrison, MI 48625

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$1,150,000

1.74 Acres

Corner Commercial Land Near Airport

Prime commercial land near Cherry Capital Airport and Costco.

TBD Mitten Drive, Traverse City, MI 49686

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$94,500

0.43 Acres

Commercial Lot in High Traffic

Commercial land for sale surrounded by drive-through restaurants.

2005 S Saginaw, Midland, MI 48640

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Alpena, MI Drive Through Restaurants Investment Opportunities Market Analysis

Explore 2 drive through restaurants for sale in Alpena, MI on our real estate platform. These investment opportunities span a total of 2,907 square feet of properties for sale, with an estimated market value of $2,153,739.

Sale prices for drive-thru businesses in Alpena, MI start at $2,153,739, averaging $2,153,739, and reaching up to $2,153,739 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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6-Month New Listing Trend

Monthly new listing volume vs. 6-month average in Alpena.

Top Commercial Asset Segments

Demographics Overview

Population 22K

Population Growth (5Y) +0.7%

Median Household Income $50,699

College Educated 25.7%

High-Yield Neighborhoods for Strategic Investment

Identify Alpena submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
49707	$1.2M

Taxes & Financing

Tax Rate (average for all types) 4.00%

Average Loan-to-Value 65.0%

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Alpena, MI Drive Through Restaurants for Sale