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Free-standing Drive-Thru Restaurant on Corner next to McDonald's

4021 W Saginaw Hwy, Lansing, MI 48917

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Overview

Prime investment opportunity or perfect location for restaurant/ fast casual owner-user. Free-standing restaurant with drive-thru on W. Saginaw Hwy next to McDonald's and one block from Waverly Rd intersection. Property consists of 4 parcels totaling for 1.32 total acres; providing plenty of parking space, ingress/egress from W. Saginaw and N Dibble Ave. Current tenant has been there for 10 years, call for lease details. Great location for fast/casual restaurant, fast-food, coffee shop, sandwich shop, etc. Easily accessible to surrounding neighborhoods and the new multi-family/commercial development on the corner of Waverly and Saginaw. Located across from West Saginaw Plaza; surrounding uses consist of Arby's, McDonalds, Advance Auto Parts, Little Caesars Pizza, CVS Pharmacy, Walgreen's, Wendy's, AutoZone, Popeye's. JoAnn Fabric and many more!

For Sale

Retail

Secondary Uses: Restaurant

Sale Price
$889,000
Price Per SF
$311.3/SF
Building Size
2,856 SF
Acres
0.5467 ac
Zoning
C
Zoning Desc.
Commercial
# of Buildings
1
Floors
1
Year Built
1960
Construction Siding
Brick
Construction Type
Masonry
Nearest MSA
Lansing-East Lansing
Property Status
Existing
County
Eaton
Listed
10/01/2022
Updated
02/27/2026
Listing ID
77a1c45c
Parcel APN
04001320004000