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    Muskegon, MI
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    Muskegon, MI Drive Through Restaurants for Sale

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    North Muskegon, MI Muskegon Heights, MI Roosevelt Park, MI Norton Shores, MI Lake, MI Fruitport, MI Whitehall, MI Twin Lake, MI
    Dual-Tenant Retail Center
    Updated: Apr 3
    Dual-Tenant Retail Center

    2039 E Apple Ave, Muskegon, MI 49442

    $1,291,587
    4,772 sqft 1.21 AC lot
    Dual‑tenant retail center built in 2004, totaling 4,772 SF on 1.21 acres at 2039 E Apple Avenue (M‑46) in Muskegon, MI
    100% occupied under triple‑net (NNN) leases for both tenants, supporting minimal landlord responsibility
    T‑Mobile occupies 2,472 SF (52% of GLA) under an NNN lease through May 2027
    Pita Place drive‑thru restaurant occupies 2,300 SF (48% of GLA) under an NNN lease through April 2029 with annual rent increases and two 5‑year renewal options
    High‑traffic E Apple Avenue (M‑46) location near US‑31 and I‑96 with combined traffic exposure of nearly 80,000 vehicles per day
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    This listing looks promising.

    Here's a quick look at some key insights for

    2039 E Apple Ave, Muskegon, MI 49442

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    • Est. Cap Rate

      4.8%
      NOI ÷ price

    • Est. NOI

      $62K
      Annual

    • Price @ 7% Cap

      $881K
      Suggested

    • Last Sold

      Apr 2006
      $1.27M

    • Property Type

      Commercial (General)
      Built 2004
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    Restaurant Property for Sale
    Updated: Sep 10, 2025
    Restaurant Property for Sale

    5560 Harvey St |, Muskegon, MI 49444

    $2,049,000
    3 sqft
    Established fast‑casual restaurant chain with a focus on quality and customer experience.
    Diverse menu featuring high‑quality proteins and innovative sides.
    Located within a well‑known and reputable franchise system (Arby's).
    Year Built: 2001
    Headquartered in Atlanta, GA, indicating strong corporate support and brand recognition.
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    Wendy's Restaurant Investment Opportunity
    Wendy's Restaurant Investment Opportunity

    1865 East Sherman Boulevard, Muskegon, MI 49444

    Contact for pricing
    3,193 sqft 1.13 AC lot

    Single-tenant Wendy's in Muskegon, MI with long-term lease.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Muskegon, 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.

    Restaurant Opportunity in Norton Shores
    Restaurant Opportunity in Norton Shores

    4221 Grand Haven Road, Norton Shores, MI 49441

    $399,900
    2,184 sqft 0.73 AC lot

    Long-standing family restaurant with drive-in in high-traffic area.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    376 N 3rd Avenue, Fruitport, MI 49415

    $459,000
    2,184 sqft 0.57 AC lot

    Single-story restaurant building with multiple bathrooms, city water and sewer, and a long-standing drive-through use.

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    Established Restaurant in Norton Shores
    Established Restaurant in Norton Shores

    4221 Grand Haven Rd, Norton Shores, MI 49441

    $399,900
    0.73 AC lot

    Well-established family restaurant with high traffic location and endless opportunities.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    376 N 3rd Avenue, Fruitport, MI 49415

    $459,000

    One-level restaurant building with multiple bathrooms and city water and sewer, featuring long-standing drive-through use.

    View details

    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.

    Highway Commercial Land
    Highway Commercial Land

    14115 Edgerton Avenue NE, Cedar Springs, MI 49319

    $350,000
    2.41 AC lot

    The site carries HWY Commercial zoning and sits beside Goodwill, opposite ALDI'S and Meijer.

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    Commercially Zoned Development Land
    Commercially Zoned Development Land

    435 28th Street, Grand Rapids, MI 49548

    $399,000
    0.97 AC lot

    Commercially zoned land site offered for shopping center, fast food, or service station development.

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    Prime Land in Byron Center
    Prime Land in Byron Center

    136 100th Street SW, Byron Center, MI 49315

    $895,000
    0.83 AC lot

    Versatile commercial land with high visibility and development potential.

    View details
    Prime Land in Byron Center
    Prime Land in Byron Center

    82,92,112 100th Street, Byron Center, MI 49315

    $1,595,000
    2.47 AC lot

    Versatile land suitable for retail, restaurant, or hospitality development.

    View details

    Muskegon, MI Drive Through Restaurants Market Trends and Statistics

    Explore 3 drive through restaurants for sale in Muskegon, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,968 square feet of properties for sale, with an estimated market value of $3,340,587.

    Sale prices for drive-thru businesses in Muskegon, MI start at $1,291,587, averaging $1,670,293, and reaching up to $2,049,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 18
    Bars & Pubs 14
    Coffee shops 4
    Drive through restaurants 3
    Commercial kitchens 1

    Demographics Overview

    Population 130K
    Population Growth (5Y) +6.3%
    Median Household Income $59,650
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49442 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 4.60%
    Property Tax per SF $90.35 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Muskegon County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Muskegon County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Muskegon fall within the 50,000 to 100,000 square foot range.

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