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    285 Outer Dr Saginaw, MI 48601

    Sponsored
    For Sale
    $109,900

    Turnkey Diner, High-Volume Takeout, Motivated Seller

    Property size:
    1,216 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,216 square foot industrial property located at 285 S OUTER, Saginaw, MI, presents a unique investment opportunity. Currently operating as the successful Munchies Diner, this established business specializes in Southern cuisine with a strong emphasis on BBQ. The diner enjoys a significant takeout and delivery business catering to local businesses and a loyal weekend family clientele. Currently operating four days a week, the business offers substantial potential for expansion. The motivated seller, who is retiring, is offering the property and all restaurant equipment as part of the sale. This comprehensive package includes a flat top grill, BBQ grill, bakery equipment, mixers, deep fryers, a walk-in cooler, hot dog roller, ice maker, ovens, tables, chairs, a slushy machine, a four-burner stove, an ice cream freezer, and much more. The property sits on a 0.42-acre lot, providing ample space for potential future development or outdoor seating. The asking price for this turnkey operation is $109,900. Serious inquiries only. Showings are to be scheduled during closed hours to avoid disruption to the business. Please respect the staff and refrain from approaching them during operating hours. All showings must be accompanied by a licensed real estate agent.

    Property Features for 285 Outer Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    1,216 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1919
    Location Intelligence

    Current Use by Public Records

    Bompa's Bakery and Wedding ... Wedding Bakery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.89671
    Latitude
    43.42936

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    FAQs

    What type of property is this?
    Industrial property - Turnkey Diner, High-Volume Takeout, Motivated Seller
    Where is this industrial property located?
    The property is located at 285 Outer Dr Saginaw, MI.
    What is the asking price?
    The asking price for this property is $109,900.
    (734) 459-4700
    Request Owner's contact information
    285 Outer Dr Saginaw, MI 48601
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    Saginaw, MI 48601
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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
    285 Outer Dr Saginaw, MI 48601
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