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    228 W Broad St Chesaning, MI 48616

    For Sale
    $150,000

    1 to 4 Units - Chesaning, MI

    Property size:
    3,872 SF
    Lot size:
    0.05 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for 228 W Broad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    13-09-3-16-0375-700
    Interior features
    Alley, Cafe/Kitchen, Internet Available, Furniture, Living Quarters, Public Restrooms, Security Equipment, Separate Meters
    Exterior features
    Sidewalks
    Size
    3,872 SF
    Lot size
    0.05 Acres

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1900
    Architectural style
    Other

    Michigan Homes & Real Estate LLC (989) 529-8017

    Listing agent CAROL PERRY (989) 529-8017 License #6506046703

    Listing date Nov 9, 2025

    MLS# 50168719 Listing URL

    Copyright © 2025 Greater Shiawassee Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Restaurant, Apartments

    This commercial building in Chesaning, Michigan, features a restaurant, ice cream shop equipment (less than 5 years old), and three apartments. The sale includes the building and equipment, offering a turnkey opportunity or the potential for alternative uses. The apartments are currently occupied by long-term tenants. The property also includes 114 & 116 N Chapman. The building is situated on a lot of 0.05 acres and has a total area of 3,872 square feet. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Malt Shop Ice Cream Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesaning
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.113929
    Latitude
    43.183912

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    FAQs

    What type of property is this?
    Restaurant - Commercial building with restaurant, ice cream shop, and apartments.
    Where is this restaurant located?
    The property is located at 228 W Broad St Chesaning, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Turnkey commercial building with restaurant and ice cream shop equipment included.; - Three apartments with long-term tenants providing immediate rental income.; - Restaurant and ice cream shop equipment less than 5 years old.
    (989) 529-8017
    Request Owner's contact information
    228 W Broad St Chesaning, MI 48616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    228 W Broad St Chesaning, MI 48616
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