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    Cheboygan, MI Drug Stores for Sale

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    NNN Leased Walgreens with Drive-Thru
    $3,855,000
    14,550 SF

    NNN Leased Walgreens with Drive-Thru

    991 S Main St, Cheboygan, MI 49721

    Long-term NNN leased Walgreens near McLaren Northern Michigan medical center.

    • Long‑term NNN lease to Walgreens Corporate guaranteed through February 2032, providing stable income.
    • High visibility location at a signalized intersection on Main Street (M‑27), a primary commercial corridor with 13k+ VPD.
    • High 9.50% Cap Rate.
    • Located near McLaren Northern Michigan medical center and across from Cheboygan County Courthouse, attracting consistent traffic.
    • No CVS Pharmacy, Rite Aid or other Walgreens competition within a 30‑mile radius.
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cheboygan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

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

    Former Retail Building in Houghton Lake
    Contact for pricing
    11,440 SF

    Former Retail Building in Houghton Lake

    Former Rite Aid building with ample parking and high visibility.
    4562 W Houghton Lake Dr, Houghton Lake, MI 48629
    View details
    Houghton Lake Retail Space
    Contact for pricing
    10,152 SF

    Houghton Lake Retail Space

    10,152 SF Vacant Drug Store
    4562 Houghton Lake Dr, Houghton Lake, MI 48629
    View details
    Retail Pharmacy with Drive-Thru
    $385,000
    3,381 SF

    Retail Pharmacy with Drive-Thru

    3381 SF retail pharmacy with drive-thru on 1.028 acres.
    5470 Gratiot Rd, Saginaw, MI 48638
    View details
    Prime Retail Opportunity in Saginaw
    $1,299,000
    11,459 SF

    Prime Retail Opportunity in Saginaw

    Former Rite Aid location with over 11,000 square feet.
    5050 Gratiot Rd, Saginaw, MI 48638
    View details

    Cheboygan, MI Drug Stores Investment Opportunities Market Analysis

    Explore 1 drug stores for sale in Cheboygan, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,855,000.

    Prices for pharmacies in Cheboygan, MI start at $3,855,000, averaging $3,855,000, and reaching up to $3,855,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Cheboygan, MI

    • 49721

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