About the Listing 106973 - 697167

Welcome to Cedar River Plaza, a rare opportunity to own a fully operational convenience store, gas station, and full-service restaurant. Situated in the heart of the Upper Peninsula, this prime location offers exceptional visibility and accessibility on the north side of the highway. As the only store between Menominee and Escanaba for a 50-mile stretch, Cedar River Plaza serves as a vital stop for travelers and locals alike. It is also the only full-service gas station within 55 miles of both Escanaba and Menominee, offering diesel fuel and propane. With ample parking, including space for 15 to 20 semi-trucks and 30 to 40 cars plus designated overnight parking, this property caters perfectly to long-haul drivers and tourists exploring the U.P. Outside, recently installed pay-to-use vacuum and air hose systems provide added convenience, featuring two total units including one standard air hose and one high-pressure air hose. The full-service restaurant operates seven days a week, providing hot food to a loyal customer base. Approximately $350,000 in upgrades have been completed or are in progress, all paid in full. These improvements include new credit card readers on the pumps, a new credit card register system inside, a new roof on one side of the building, a new condenser freezer and fan unit in the walk-in freezer, a brand-new well, a new diesel pump, underground sumps for the dispensers with new piping, and new tank readers. In addition, recent upgrades within the last two years include new heating and air systems, coolers, and kitchen freezers, ensuring efficient and modern operations throughout. Beer, wine, liquor, tobacco, and lottery licenses are in place, enhancing the store’s revenue streams. EV charging stations are conveniently located out front under a lease agreement. At the pumps, there are two dispensers for regular gas offering four fueling spots and two dispensers for diesel fuel. The diesel pumps include satellite dispensers, allowing fueling from both sides for added convenience. Positioned just a half-hour drive from both the Wisconsin border and Escanaba, Cedar River Plaza is a high-traffic stop with excellent income potential. It is conveniently located near Lake Michigan and several boating facilities, including the Cedar River State Harbor and Cedar River Mouth Boat Launch, both approximately one mile away. Don’t miss this chance to own a well established business in a thriving and strategic location!

Listing Highlights for 8151 N8151 M-35

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