Listing Summary
Former Wendy's QSR for sale or lease in Lapeer, MI. 2,431 SF freestanding restaurant with drive-thru infrastructure on 0.95 acres in a main commercial corridor
Full Description
Former Wendy's Restaurant for Sale or Lease | Prime Commercial Corridor | Lapeer, MI
An outstanding commercial real estate investment and adaptive reuse opportunity positioned along Lapeer’s premier commercial corridor. Available for sale or lease, this 2,431-square-foot freestanding commercial building sits on a generous 0.95-acre parcel. Previously occupied by a high-volume Wendy’s, the property offers rare drive-thru-capable QSR infrastructure, prime street frontage, and tremendous flexibility for owner-users, net-lease investors, or commercial developers seeking a high-exposure footprint in an established retail trade area.
Property Specifications & Site Metrics
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Offering Type: Available for Sale or Lease
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Property Type: Freestanding Commercial Retail / Quick-Service Restaurant (QSR)
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Building Size: 2,431 Net Rentable SF
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Lot Size: 0.950 Acres (41,382 SF)
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Zoning: B-2 General Business District (Accommodates retail, restaurant, medical, and service-oriented uses)
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Year Built: 1976 (Solid structural frame with customizable layout)
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Tenancy Status: Vacant / Value-Add Opportunity
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Ownership Structure: Fee Simple
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Ground Lease: No
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Broker Co-Op: Yes
Immediate Value-Add & Adaptive Reuse Potential
This dark Wendy's site provides an turnkey real estate asset with valuable pre-existing infrastructure that drastically cuts down initial development timelines and capital expenditures:
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Established QSR Infrastructure: Pre-configured for quick-service restaurant operations, featuring a dedicated drive-thru layout, efficient kitchen/service counter floor plan, and high brand visibility.
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Flexible Layout & Permissive Zoning: Under B-2 General Business zoning, the 2,431 SF space easily transitions into bank branches, urgent care medical clinics, coffee shops, specialty retail, or full-service dining concepts.
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Multiple Investment Pathways: Ideal for an owner-operator seeking immediate occupancy, a net-lease investor looking to re-tenant and stabilize for long-term yield, or a developer aiming to reposition or expand the 0.95-acre parcel.
Strategic Commercial Corridor & High-Exposure Positioning
Situated within Lapeer’s primary commercial trade hub, the site captures constant local and regional traffic volumes:
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Prominent Street Frontage & Signage: Ample frontage directly along the main thoroughfare with high-visibility pylon signage capabilities, ensuring maximum brand exposure to daily motorists.
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Superior Ingress & Egress: Features multiple curb cuts and smooth site circulation, offering effortless access for drive-thru lines, customer parking, and delivery vehicles.
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Generous On-Site Parking: The 0.95-acre site provides an expansive parking field, comfortably accommodating staff, high-turnover retail shoppers, and dine-in patrons.
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Synergistic National Retail Neighbors: Surrounded by major national retailers, quick-service food chains, financial institutions, and automotive services that generate steady, year-round commercial activity.
Established Lapeer Submarket Fundamentals
Positioned within Lapeer County's primary economic and commercial center, the property serves a captive market of local residents and commuting workers:
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High-Density Consumer Base: Captures a stable population across the broader 48446 trade area, supported by thousands of local households.
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Regional Connectivity: Easily accessible via major state highways connecting Lapeer to Flint, Pontiac, and the northern Metro Detroit submarkets.
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Sustained Retail Demand: Continuous trade area volume driven by surrounding residential developments, county civic offices, and regional employment anchors.
Key Investment Highlights
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Freestanding 2,431 SF QSR Building with established drive-thru site capabilities.
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Substantial 0.95-Acre Site offering long-term site expansion or redevelopment options.
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Prime Commercial Location on Lapeer's main commercial artery with heavy daily traffic exposure.
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Versatile B-2 Zoning supporting restaurant, retail, office, medical, or automotive service uses.
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Extremely Flexible Acquisition Options available for outright purchase or long-term lease.
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Turnkey Infrastructure Base from a legacy Wendy's operation, reducing overall startup and buildout costs.
Quick Glance
- Listing ID:
CL-Michigan-28376
- Status:
Active
- Year Build:
1976
- Building Size:
2,431 SqFt
- Lot Size:
0.95 Acr
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