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    OFF-MARKET
    Drive through restaurants

    980 Saginaw Hwy, Grand Ledge, MI 48837-9419

    3,896 SF 4.24 ac lot
    Entity Owned Free & Clear
    Property ID
    US43-2105125
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 980 E Saginaw Hwy in Grand Ledge, Michigan, presents a unique investment opportunity. The single-tenant building, totaling 4,007 square feet, sits on a sizable 4.24-acre lot and boasts excellent visibility and accessibility from the busy East Saginaw Highway. Built in 1997, the one-story structure previously housed a Wendy's restaurant and includes a drive-thru. The property also features a substantial 1,809 square foot storage building, adding significant versatility. With 55 total parking spaces, ample room is available for customers and employees. The B-1 zoning allows for a variety of retail and restaurant uses. The property's location within a prominent retail corridor, surrounded by national tenants, ensures high traffic and strong potential for success. The property's APN is 400-013-100-070-00, and it is situated in Eaton County, Michigan, zip code 48837. This is a rare chance to acquire a well-located, established commercial property with significant potential for growth and return on investment. The entire building is currently vacant, offering immediate occupancy for a new tenant or business owner. The property's size and features make it ideal for a variety of commercial uses, providing flexibility for potential buyers. The combination of high visibility, ample parking, and a strategic location makes this an attractive proposition for discerning investors seeking a strong foothold in a thriving market.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Total area 3,896 SF
    Lot 4.24 ac (184,694 SF)
    Zoning code B-1
    APN 400 013 100 070 00
    UPID US43-2105125
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Aldi INC
    Aldi INC
    since 2026
    5 recorded transactions
    2026
    2025
    2021
    2021
    2015
    $1.4M
    Zoning & alternative use
    B-1 · Grand Ledge, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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