285 Outer Dr Saginaw, MI 48601-6332
This exceptional turnkey restaurant opportunity in Saginaw, Michigan, presents a rare chance to acquire a thriving business. Located at 285 S Outer Dr, this 1,216 square foot eatery, situated on a 0.42-acre lot (APN: 10-12-5-20-1302-001), is currently operating as a successful southern kitchen. The asking price is $104,900 ($86.27 per square foot). The building, which underwent renovations in 2020, boasts a new roof, forced air heating and air conditioning, and a roof-mounted make-up air system. All equipment is included in the sale, representing a significant value-add. This comprehensive inventory includes a walk-in cooler, walk-in freezer, two deep fryers, two ovens, a hot dog roller, ice machine, tables, chairs, a three-compartment slushie machine, two pastry racks, a flat top, a four-burner stove, a surveillance system, and an ice cream freezer. The property benefits from ample on-site parking and is zoned B-1. This is a fully operational restaurant ready for immediate ownership, offering a strong return on investment for the right buyer. The property's prime location in Saginaw, Michigan, ensures high visibility and accessibility for customers. This is a fantastic opportunity for an experienced restaurateur or a first-time business owner looking to enter the market with a fully equipped and established operation.
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Bompa's Bakery and Wedding Services Wedding Service Bakery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 COM · Saginaw, MISaginaw. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.