Commercial Property with Residential
13148 N saginaw, Clio, MI 48420
Commercial/Industrial - Clio, MI
Property size:
1,127 SFLot size:
0.83 AcresPrice / SF:
$141/SF- Added:
- Jan 28, 2026
- Days on Market:
- 113
- Last Refresh:
- May 21 at 5:06 pm
Property Features for 13148 N saginaw
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Security features
- Fire Alarm
- Interior features
- Bath, Cable Internet Installed, Cafe/Kitchen, Internet Available, Electric Available, Living Quarters, No Elevator, No Tank, No Loading Facility, Private Restrooms, Trash Removal, Smoke/Fire Alarm
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active Under Contract
- APN
- 18-11-300-017
- Size
- 1,127 SF
- Lot size
- 0.83 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1048
Utilities
- Utilities
- Electricity Available
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1979
- Architectural style
- Other
Listing agent Kelsi Long License #6501437083 (989) 475-5679
Listing office Century 21 Signature Realty - Bay City 415 S. Euclid Ave, Saginaw, MI (989) 686-4500
Listing date Jan 28, 2026
MLS# 50198362
Listing URL
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial zoning with residential financing eligibility offers unique investment and living options.
- Nearly one‑acre lot on a main thoroughfare provides high visibility and accessibility.
- 3‑bedroom home set back from the road ensures peaceful residential living.
- Passed well and septic inspections offer immediate peace of mind.
- Dual potential: live comfortably while holding a commercial property for future appreciation.
- Existing interior features such as cable internet, cafe/kitchen, and living quarters.
Overview
This property, located along a main thoroughfare, offers both commercial zoning and eligibility for residential financing. The property includes a 3-bedroom, 1.5-bath home situated on approximately 0.83 acres. The setting is residential, while the zoning allows for future potential. The property is set back from the road, reducing traffic noise. Well and septic inspections have been completed. This property presents a two-fold investment opportunity: residential living with commercial property appreciation, or launching a business in a visible location. The property size is 1127 square feet. It is located in Clio, Michigan, in Genesee County.
Financial Insights
Value Estimation Calculated for Mixed Use
Conservative
$119.7K
NOI $10,777 @ 9.00% cap · cautious / downside scenario
Moderate
$154.0K
NOI $10,777 @ 7.00% cap · market / base-case scenario
Aggressive
$215.5K
NOI $10,777 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Mixed Use
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.3k | $18.00 |
| − Vacancy | −$3.0k | −$2.70 |
| EGI | $17.2k | $15.30 |
| − OpEx | −$6.5k | −$5.74 |
| NOI | $10.8k | $9.56 |
1,127 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 37.50%
Alternative Use Scenarios
Best Use
Mixed Use
$154.0K
$134.7K – $179.6K
NOI $10,777 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$123.4K
$108.0K – $144.0K
NOI $8,637 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$237.2K
$207.5K – $276.7K
NOI $16,601 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Clio
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7271202
- Latitude
- 43.1953714
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Commercial property with residential financing options in a high-visibility location.
Where is this mixed-use property located?
The property is located at 13148 N saginaw Clio, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Commercial zoning with residential financing eligibility offers unique investment and living options.; Nearly one‑acre lot on a main thoroughfare provides high visibility and accessibility.; 3‑bedroom home set back from the road ensures peaceful residential living.
