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    Cheboygan, MI Drug Stores for Sale

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    Detroit, MI Jackson, MI Flint, MI
    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.
    Updated: Nov 21, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cheboygan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Vitamin Shoppe Investment Property
    $1,340,000
    3,096 SF

    Vitamin Shoppe Investment Property

    3,069 SF Vitamin Shoppe on 1.03 Acres For Sale

    4875 Bay Rd, Saginaw, MI 48603
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    Adaptable Commercial Property in Alma
    $3,300,000
    14,820 SF

    Adaptable Commercial Property in Alma

    Versatile 14,820 sqft commercial space in a high-traffic location.

    1420 Wright Avenue, Alma, MI 48801
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    Retail Pharmacy with Drive-Thru
    $360,000
    3,381 SF

    Retail Pharmacy with Drive-Thru

    3381 SF retail pharmacy with drive-thru on 1.028 acres.

    5470 Gratiot Rd, Saginaw, MI
    View details
    Versatile Retail Space in Alma
    $3,300,000
    14,820 SF

    Versatile Retail Space in Alma

    Adaptable commercial property with drive-through, ideal for various businesses.

    1420 Wright Avenue, Alma, MI 48801
    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.

    Improved Development Site For Sale
    $800,000

    Improved Development Site For Sale

    Commercial land for sale with utilities at lot line.

    5401 Business Highway 51 |, Weston, WI 54476
    View details
    Outlots Near Home Depot
    Contact for pricing

    Outlots Near Home Depot

    Two outlots for sale with great access and visibility.

    1500 S. 24th Street S |, Wisconsin Rapids, WI 54494
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    Vacant Land Near Public Transit
    $999,000

    Vacant Land Near Public Transit

    Large 33,000 SF vacant parcel near public transit.

    7627 South State Street, Chicago, IL 60619
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    Vacant Land Near Public Transit
    $999,000

    Vacant Land Near Public Transit

    Large 33,000 SF vacant parcel near I-94 and public transit.

    7627 S State Street, Chicago, IL 60619
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    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 14,550 square feet of properties for sale, with an estimated market value of $3,855,000.

    Sale 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 stay ahead with the latest data and market trends.

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