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    Freestanding Wendy’s Investment Property
    Updated: Feb 4
    Freestanding Wendy’s Investment Property

    847 S State St, Caro, MI 48723

    Contact for pricing
    2,414 sqft
    Long‑term absolute net lease structure provides a passive income stream.
    Appreciable rental rate increases offer potential for increased returns.
    Located on the “Main Street” of Caro, a county‑seat community, ensuring high visibility and accessibility.
    Operated by a large, established franchisee (60+ units, Wen‑Well National).
    Healthy rent‑to‑sales ratio of approximately 7% indicates financial viability.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Caro, 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 Retail Building with Stage
    Restaurant and Retail Building with Stage

    3008 Bay Street, Unionville, MI 48767

    $249,000
    18,354 sqft 0.51 AC lot

    Historic building offers restaurant retail space plus a performance area and includes an adjacent parking lot.

    View details
    Bar and Restaurant with Upstairs Rooms
    Bar and Restaurant with Upstairs Rooms

    9500 W Saginaw Rd, Reese, MI 48757

    $125,000
    1,000 sqft

    Includes usable bar space, additional rooms, and upstairs apartment opportunities, with a portion requiring rehab.

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    Updated Restaurant & Bar For Sale
    Updated Restaurant & Bar For Sale

    2280 S Reese Rd, Reese, MI 48757

    $799,900
    1.81 AC lot

    Turnkey restaurant and bar with outdoor event space.

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    Historic Retail Building with Parking
    Historic Retail Building with Parking

    3008 Bay St, Unionville, MI 48767

    $249,000

    Built in 1883 and currently configured for a deli/coffee/ice cream operation plus a showroom-style space.

    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.

    Commercial Land Parcel with Drive-Through Potential
    Commercial Land Parcel with Drive-Through Potential

    6605 Bridgeport Highway, Bridgeport, MI 48722

    $345,000
    4.90 AC lot

    Commercially zoned land near retail development, suited for a range of commercial uses including drive-through quick service.

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    Commercial Land in Sandusky, MI
    Commercial Land in Sandusky, MI

    620 W Sanilac Road, Sandusky, MI 48471

    $199,000
    4.53 AC lot

    4.53 acres in prime commercial area near Walmart.

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    Commercial Development Land
    Commercial Development Land

    N Linden Road, Clio, MI 48420

    $675,000
    10.00 AC lot

    Substantial commercial parcel with utilities available on site or nearby and convenient access to the I-75 corridor.

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    Commercial Land in Sandusky, MI
    Commercial Land in Sandusky, MI

    600 W Sanilac Road, Sandusky, MI 48471

    $179,000
    4.53 AC lot

    4.53 acres in prime commercial area near Walmart.

    View details

    Caro, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Caro, MI on our real estate platform. These investment opportunities span a total of 2,414 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Drive through restaurants 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -0.6%
    Median Household Income $56,618
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48723 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 4.73%
    Average Loan-to-Value 65.0%

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