Vanderbilt, MI
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    Vanderbilt, MI Grocery And Convenience Stores for Sale

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    Gaylord, MI Elmira, MI Wolverine, MI
    New Dollar General Store Investment
    $1,992,803
    9,100 SF
    New Dollar General Store Investment

    8336 Mill St, Vanderbilt, MI 49795

    New Dollar General store with a 15-year absolute NNN lease.
    • 15 year absolute NNN lease with zero landlord responsibilities
    • Corporate guarantee by investment grade tenant (Dollar General, “BBB”)
    • 5% rental rate increases every 5 years (including option periods)
    • New 2026 construction with rent starting April 2026
    • Strategically located off I‑75 exit with high visibility (10,295 cars per day)
    Updated: Mar 8
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vanderbilt, 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 and Convenience Store Property
    $675,000
    10,200 SF
    Restaurant and Convenience Store Property

    Two-use commercial property with a restaurant liquor license plus a convenience/party store component.

    325 W 2nd Street, Gaylord, MI 49735

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    Established Indian River Chocolate Shop
    $885,000
    2,500 SF
    Established Indian River Chocolate Shop

    Profitable fudge, chocolate, and ice cream shop for sale.

    3676 S Straits Highway, Indian River, MI 49749

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    Commercial/Industrial
    $885,000
    2,500 SF
    Commercial/Industrial

    Coffee shops · 2,500 SF

    3676 S Straits Highway, Indian River, MI 49749

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    New Dollar General Plus Store
    $2,303,507
    10,640 SF
    New Dollar General Plus Store

    New Dollar General Plus store in Gaylord, Michigan.

    10464 Old US Hwy 27 S, Gaylord, MI 49735

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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.

    Commercial Land with Off-Ramp Frontage
    $150,000
    0.64 Acres
    Commercial Land with Off-Ramp Frontage

    Zoned B-2 commercial land on the I-75 Exit 279 off-ramp, offering visibility for a wide range of uses.

    VL Johnson Road, Gaylord, MI 49735

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    Prime Commercial Land in Alpena
    $329,500
    768 SF
    Prime Commercial Land in Alpena

    Double lot near downtown Alpena, ready for development.

    Alpena, MI 49707

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    Alpena Commercial Land For Sale
    $235,000
    3.50 Acres
    Alpena Commercial Land For Sale

    Commercial land with complete infrastructure in Alpena's growing area.

    M-32/Crittenden Court lot: 6, Alpena, MI 49707

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    Alpena Commercial Land For Sale
    $235,000
    3.49 Acres
    Alpena Commercial Land For Sale

    Commercial land with complete infrastructure in a high-traffic area.

    M-32/Crittenden Court lot: 7, Alpena, MI 49707

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    Vanderbilt, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Vanderbilt, MI on our real estate platform. These investment opportunities span a total of 9,100 square feet of properties for sale, with an estimated market value of $1,992,803.

    Sale prices for supermarkets in Vanderbilt, MI start at $1,992,803, averaging $1,992,803, and reaching up to $1,992,803 — 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

    Grocery and convenience stores 1

    Demographics Overview

    Population 1,918
    Population Growth (5Y) -4.4%
    Median Household Income $57,367
    College Educated 17.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49795 $2M

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $1.39 per SF
    Tax Rate vs County Average 0.69 pp below county avg
    Average Loan-to-Value 65.0%

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