www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
9231392
9231393

4021 W Saginaw Hwy, Lansing, MI 48917

TK
MI 6501346341
Woodworth Commercial Okemos
Listed by Woodworth Commercial Okemos
$889,000
1333 days on market
Updated 37 days ago

Free-standing Drive-Thru Restaurant Across from McDonald's

Details
APN 040-013-200-040-00, 040-043-900-030-00, 040-043-900-010-00, 040-043-900-020-00
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,856
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $311
Year Built 1980
Year Renovated 2013
Acreage 1.320
Zoning C

Drive-thru Opportunity | 2,856 SF

Marketing description

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!

Listing Contacts

TK
MI 6501346341
Woodworth Commercial Okemos
Listed by Woodworth Commercial Okemos

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
C CommercialGeneral CommercialCommercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 124 uses
View all 124 uses
Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591