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    Alpena Freestanding Wendy’s Investment Property
    Updated: Feb 4
    Alpena Freestanding Wendy’s Investment Property

    1036 W Chisholm St, Alpena, MI 49707

    Contact for pricing
    2,907 sqft
    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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turn-Key Drive-Through Restaurant
    Turn-Key Drive-Through Restaurant

    3510 W Cadillac Drive, Farwell, MI 48622

    $345,000
    1,612 sqft 0.97 AC lot

    Turn-key diner-style restaurant with a drive-through window, central air, and a large paved parking area on nearly one acre.

    View details
    Restaurant Property Near Dow High
    Restaurant Property Near Dow High

    2706 N Saginaw Rd, Midland, MI 48640

    $895,000
    6,000 sqft 0.92 AC lot

    Restaurant property featuring a drive-up window near Dow High.

    View details
    Turn-Key Restaurant with Drive-Thru
    Turn-Key Restaurant with Drive-Thru

    3510 W Cadillac Drive, Farwell, MI 48622

    Contact for pricing
    1,612 sqft 1.00 AC lot

    Diner-style restaurant built in 2001 with a drive-thru window, updated kitchen, and outdoor seating.

    View details
    Drive-Through Restaurant Site
    Drive-Through Restaurant Site

    2111 S Saginaw Rd, Midland, MI 48640

    Contact for pricing

    For sale restaurant and commercial kitchen property featuring a drive-through, with kitchen equipment details available upon request.

    View details

    Alpena, MI Drive Through Restaurants Market Trends and Statistics

    Explore 1 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Drive through restaurants 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +0.7%
    Median Household Income $50,699
    College Educated 25.7%

    Taxes & Financing

    Tax Rate (average for all types) 4.00%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Alpena County

    New Delisted

    Total CRE Inventory on Market (SF)

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