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    Cheboygan, MI
    Specialty

    Cheboygan, MI Specialty Properties for Sale

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    Indian River, MI Onaway, MI Ocqueoc, MI Topinabee, MI Afton, MI Pointe Aux Pins, MI Brutus, MI Levering, MI
    NNN Leased Walgreens with Drive-Thru
    Updated: Nov 21, 2025
    NNN Leased Walgreens with Drive-Thru

    991 S Main St, Cheboygan, MI 49721

    $3,662,000
    14,550 sqft
    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.
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    Boat Slip with Finger Pier
    Updated: Sep 5
    Boat Slip with Finger Pier

    158 Boat Club Dr, Cheboygan, MI 49721

    Contact for pricing
    40‑foot boat slip at Duncan Bay Boat Club
    Located on C dock with finger pier for a secure 4‑way tie
    30amp/50amp power, WiFi, and water service
    Clubhouse with private bathrooms/showers and laundry facilities
    Heated pool, playground, and pavilion with BBQ grills
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    Boat Slip with Power and Water
    Boat Slip with Power and Water

    27 Boat Club Dr, Cheboygan, MI 49721

    Contact for pricing

    Marina slip at Duncan Bay Boat Club with dockside utilities and access to clubhouse amenities.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Boat Slip with Dock Box
    Boat Slip with Dock Box

    90 Boat Club Dr, Cheboygan, MI 49721

    Contact for pricing

    Protected marina slip with dedicated tie-up space, utility service, and access to shared club amenities.

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    4 active listings match your search: Specialty for sale in Cheboygan, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

    Opportunities in Nearby Cities

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

    Two-Level Restaurant with Outdoor Deck
    Two-Level Restaurant with Outdoor Deck

    3459 S US Highway 31, Brutus, MI 49716

    $1,050,000
    8,400 sqft 4.00 AC lot

    Restaurant real estate and operating assets include event-ready dining areas, commercial equipment, and seasonal outdoor seating.

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    Marina with Indoor Storage
    Marina with Indoor Storage

    3859 US-31, Brutus, MI 49716

    $2,800,000
    37,420 sqft 1.88 AC lot

    Commercial marina with substantial enclosed storage, retail sales space, and room for additional business operations.

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    Nursery and Garden Center with Greenhouse
    Nursery and Garden Center with Greenhouse

    Rudyard, MI 49780

    $59,900
    0.76 AC lot

    Commercially zoned property with a sales shop, greenhouse, storage, coolers, and highway access.

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    Garden Center with Greenhouse
    Garden Center with Greenhouse

    9707 W Michigan 48, Rudyard, MI 49780

    $59,900

    The property includes a sales shop, produce coolers, storage, and customer parking.

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    Off-Market Properties in Cheboygan, MI

    Consider similar Off-Market properties in Cheboygan, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Cheboygan, MI Specialty Properties Market Trends and Statistics

    Explore 5 specialty properties for sale in Cheboygan, MI, showcased through 4 active listings 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 $3,662,000.

    Sale prices for properties in Cheboygan, MI average $3,662,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Marinas 3
    NNN properties 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -2.2%
    Median Household Income $60,840
    College Educated 29.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49721 $915.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.46%
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Cheboygan, MI

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    Most Searched ZIP Codes in Cheboygan, MI

    • 49721

    Featured Cheboygan Real Estate Agencies

    Realmo connects you with licensed Cheboygan CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Schmidt Realtors of Cheboygan
    10667 N. Straits Highway, P.O. Box 217 Cheboygan, MI 49721
    Phone: (231) 627-9959
    Pure Michigan Property
    10621 Twin Lake Road Cheboygan, MI
    Phone: (906) 420-3400
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