Fully Renovated Bar and
For Sale
$274,900
5463 Dixie Highway, Saginaw, MI 48601
COMMERCIAL - Saginaw, MI
Property Size2,579 SF
Lot Size0.90 Acres
Price / SF$106.59
Days on Market88
Property Features for 5463 Dixie Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Patio and Porch features
Patio
Exterior features
Deck/Patio, Fence Owned
Fencing
Fenced
Subdivision
Bridgeport Twp (73006)
Standard status
Active
APN
09-11-5-05-4016-000
Size
2,579 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2347
Utilities
Cooling system
Central Air
Water source
Public
Building Details
Year built
1930
Listing Agency:
Berkshire Hathaway HomeServices
(989) 790-9292
Listed By:
Josh Moore · License #SBR-6501411187
(989) 714-9732
Added: May 7
Changed: Jul 10
Last Checked: Aug 2 at 12:06AM
MLS# 50206810
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.
Investment Insights
Based on property information with market context.
This fully renovated mixed-use property combines an updated bar with an attached residential unit for multiple streams of income. The sale includes a liquor license, liquor inventory, and all equipment, tables, chairs, and furnishings. The bar area includes a small kitchen area, outdoor seating space, and indoor amenities such as play-for-fun casino machines, pool table, and an ATM. An attached fully renovated 2 bedroom, 1 bathroom apartment includes its own fenced yard.
The property is located on high-traffic Dixie Highway in Bridgeport, offering excellent visibility. Parking is provided via an on-site parking lot, and the exterior features include a patio/deck and owned fencing.
Built in 1930, the property includes central air cooling and public water service, supporting both the bar operations and the attached apartment in one turnkey package.
The property is located on high-traffic Dixie Highway in Bridgeport, offering excellent visibility. Parking is provided via an on-site parking lot, and the exterior features include a patio/deck and owned fencing.
Built in 1930, the property includes central air cooling and public water service, supporting both the bar operations and the attached apartment in one turnkey package.
Key Highlights
- 0.9‑acre mixed‑use property built in 1930
- Updated bar operation includes liquor license, liquor inventory, and all equipment, tables, chairs, and furnishings
- Attached fully renovated 2‑bedroom, 1‑bath apartment with its own fenced yard
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.5k | $10.68 |
| − Vacancy | −$1.2k | −$0.45 |
| EGI | $26.4k | $10.23 |
| − OpEx | −$11.9k | −$4.60 |
| NOI | $14.5k | $5.63 |
2,579 SF · lease $10.68/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$476.5K
$416.9K – $555.9K
NOI $33,354 @ 7.0% cap · market cap 12.13%
Second Best
Apartment 5plus
$207.3K
$181.4K – $241.9K
NOI $14,513 @ 7.0% cap · market cap 5.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 48%
McDonald's
Dining
10,297 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,432 visits/mo
0.0 miles
Little Caesars Pizza
Dining
6,152 visits/mo
0.1 miles
Dollar General
Shops & Services
5,763 visits/mo
0.1 miles
KFC
Dining
5,059 visits/mo
0.1 miles
Demographics for 48601, MI
32,165
Population
16,220
Households
2
Avg Household Size
39
Median Age
8%
College-Educated
86%
High-School Grad
104.3 sq mi
ZIP Area
308
Density / Sq Mi
$37,830
Median Household Income
$27,218
Median Earnings
$836
Median Rent
$54,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Whisky Dix — 5788 Dixie Hwy, Saginaw, MI 48601
- Drake's Bar — 5463 Dixie Hwy, Saginaw, MI 48601
- Whiskey Dix — 5788 dixie hwy, saginaw, mi 48601
Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully renovated bar operation with a separate 2-bedroom, 1-bath apartment plus fenced yard and central air.
Where is this bar & pub located?
The property is located at 5463 Dixie Highway Saginaw, MI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: 0.9‑acre mixed‑use property built in 1930; Updated bar operation includes liquor license, liquor inventory, and all equipment, tables, chairs, and furnishings; Attached fully renovated 2‑bedroom, 1‑bath apartment with its own fenced yard