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    5530 Gratiot Rd Saginaw, MI 48638

    For Sale
    $825,000

    Commercial Sale, Other - Saginaw, MI

    Property size:
    5,160 SF
    Lot size:
    1.65 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 5530 Gratiot Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    5,160 SF
    Lot size
    1.65 Acres

    Building Details

    Year built
    2001
    Architectural style
    Other

    NextHome, Inc

    Listing agent Seth Vendelboe (989) 239-7545 License #PersonLicenseNumber

    Listing date Nov 18, 2025

    MLS# 50136364 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant with Liquor License

    Spencer's Route 46 is a restaurant property for sale featuring an open floor plan suitable for both intimate dinners and lively gatherings. It includes a Class C liquor license. The state-of-the-art kitchen is equipped with spacious walk-in coolers. The property features vinyl plank flooring and multiple strategically placed TVs. The building size is 5,160 square feet and the lot size is 1.65 acres. It is located in Saginaw, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spencer's Route 46 ... Restaurant

    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
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.02521515
    Latitude
    43.41591263

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    FAQs

    What type of property is this?
    Restaurant - Premier Saginaw restaurant with Class C liquor license for sale.
    Where is this restaurant located?
    The property is located at 5530 Gratiot Rd Saginaw, MI.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Coveted Class C liquor license included.; - State-of-the-art kitchen for culinary excellence.; - Inviting open floor plan suitable for various events.
    (989) 239-7545
    Request Owner's contact information
    5530 Gratiot Rd Saginaw, MI 48638
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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
    5530 Gratiot Rd Saginaw, MI 48638
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