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    Saginaw, MI
    Drug Store

    Saginaw, MI Drug Stores for Sale

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    Vitamin Shoppe Investment Property
    Updated: Mar 30
    Vitamin Shoppe Investment Property

    4875 Bay Rd, Saginaw, MI 48603

    $1,340,000
    3,096 sqft 1.03 AC lot
    Established national brand (Vitamin Shoppe) in the $50B+ health and wellness industry, operating since 1977.
    Located in Saginaw's dominant retail corridor, directly across from Fashion Square Mall, surrounded by top national retailers.
    Recently executed a 6‑year extension through 2032.
    High visibility on Bay Road with 22,000+ vehicles per day.
    Double Net Lease (NN) with minimal landlord responsibilities.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    4875 Bay Rd, Saginaw, MI, 48603

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    • Est. Cap Rate

      3%
      NOI ÷ price

    • Est. NOI

      $40K
      Annual

    • Mortgage

      $768K
      Mar 2022

    • Last Sold

      Apr 2014
      $1.18M

    • Property Type

      Commercial (General)
      Built 1979
    View Property Analytics
    Retail Drugstore Property
    Updated: Apr 24
    Retail Drugstore Property

    806 Gratiot Ave, Saginaw, MI 48602

    Contact for pricing
    Located on Gratiot Avenue with 20,800 VPD traffic count
    1.47‑acre lot
    Recently updated building façade
    Low 3.5% market vacancy according to CoStar
    Over 104,000 people within a five‑mile radius
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Saginaw, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Drug Store with Drive-Through
    Drug Store with Drive-Through

    1420 Wright Avenue, Alma, MI 48801

    $2,600,000
    15,000 sqft

    Former national chain drug store with drive-through, ADA features, and an NNN lease remaining through 2032.

    View details
    Adaptable Commercial Property in Alma
    Adaptable Commercial Property in Alma

    1420 Wright Avenue, Alma, MI 48801

    $3,300,000
    14,820 sqft 1.89 AC lot

    Versatile 14,820 sqft commercial space in a high-traffic location.

    View details
    Drug Store Ground Lease Property
    Drug Store Ground Lease Property

    2506 E Hill Rd, Grand Blanc, MI 48439

    Contact for pricing
    10,880 sqft 1.22 AC lot

    Former Rite Aid drug store on 1.22 acres, totaling 10,880 square feet, subject to a ground lease through October 31, 2026.

    View details
    Former Drug Store Available
    Former Drug Store Available

    8360 S Saginaw St, Grand Blanc, MI 48439

    Contact for pricing
    11,154 sqft

    11,154 SF former drug store available for lease or sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Parcel with Road Frontage
    Land Parcel with Road Frontage

    1257 E Sherman Boulevard, Norton Shores, MI 49444

    $185,000
    0.23 AC lot

    Vacant land offering 218 feet of road frontage, with an additional parcel that includes a two-bedroom home.

    View details
    Hart, MI Undeveloped Commercial Land
    Hart, MI Undeveloped Commercial Land

    3308 W Monroe Road lot: B - 23.56 Acres, Hart, MI 49420

    $300,000
    23.56 AC lot

    23.56 acres of commercially zoned land near expressway.

    View details
    Undeveloped Land in Weare Township
    Undeveloped Land in Weare Township

    3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

    $360,000
    25.74 AC lot

    25.74 acres of commercially zoned land near expressway.

    View details
    Hart, MI Undeveloped Commercial Land
    Hart, MI Undeveloped Commercial Land

    3308 W Monroe Road lot: A - 2.18 Acres, Hart, MI 49420

    $60,000
    2.18 AC lot

    2.18 acres of commercially zoned land near expressway.

    View details

    Saginaw, MI Drug Stores Market Trends and Statistics

    Explore 2 drug stores for sale in Saginaw, MI on our real estate platform. These investment opportunities span a total of 3,096 square feet of properties for sale, with an estimated market value of $1,340,000.

    Sale prices for pharmacies in Saginaw, MI average $1,340,000 — 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

    Shopping centers 22
    Storefront properties 22
    Automotive properties 11
    Auto shops 7
    Drug stores 3

    Demographics Overview

    Population 125K
    Population Growth (5Y) -3.5%
    Median Household Income $53,892
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48603 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 4.50%
    Property Tax per SF $88.63 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Saginaw County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Saginaw fall within the 100,000+ square foot range.

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