Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Gaylord d***@bhhsmi.com Show Phone

Listed By: Denise Bazuin · License #MI

Source: Crexi

Added: Apr 11 Changed: Jul 22 Last Checked: Aug 5 at 1:35PM

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Investment Insights

Based on property information with market context.

This business opportunity is currently set up as a convenience store and gas station. The convenience store includes attached living quarters with a 3-bedroom, 1-bath layout, along with two garages, and there is also an ice cream shop on-site. In addition, the property includes three rental cabins.

The operation is situated on a busy intersection in Vanderbilt, Michigan.

The current configuration combines retail and fuel sales with on-site lodging accommodations and an ice cream concept, supported by the attached residential space and garages for day-to-day use.

Key Highlights

• Convenience store/gas station business set up on a busy intersection
• Includes living quarters attached to the convenience store
• Living quarters include 3 bed/1 bath plus two garages

Property Analytics

Current Use

Whippy Dip Grocery & Convenience Store Redwing Corner Gas Station Marathon Gas Gas Station

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Food Market Nursing Home Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49795, MI

2,087

Population

1,197

Households

1.7

Avg Household Size

46

Median Age

13%

College-Educated

86%

High-School Grad

133.9 sq mi

ZIP Area

16

Density / Sq Mi

$57,367

Median Household Income

$37,589

Median Earnings

$918

Median Rent

$162,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Convenience store and gas station business setup includes living quarters, rental cabins, and an ice cream shop.

Where is this grocery and convenience store located?

The property is located at 10982 N Old 27 Hwy Vanderbilt, MI.

What are key features of this property?

This property features: Convenience store/gas station business set up on a busy intersection; Includes living quarters attached to the convenience store; Living quarters include 3 bed/1 bath plus two garages