Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Retail or Office Condominium Title is generated by Realmo AI

    11225 S Saginaw St D, Grand Blanc, MI 48439

    View on Map
    Claim this Listing
    New
    For Sale
    $550,000

    Recently renovated retail or office condo within Old World Village Plaza, offering convenient access and ample parking.

    Type:Commercial
    Property size:
    2,200 SF
    Price / SF:
    $250/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:15 am

    Property Features for 11225 S Saginaw St D

    General Information

    Standard status
    Active
    Size
    2,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Jonathan Crane

    Listing agent Jonathan Crane License #6501400690

    Listing office BHHS Michigan Real Estate

    Listing date Jun 3, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of BHHS Michigan Real Estate

    HighLights

    • Commercial condominium in Old World Village Plaza offering approximately 2,200 sq ft of retail or office space
    • Recently renovated unit with a modern, updated interior
    • Part of a well‑established development with ample parking
    • Convenient access in downtown Grand Blanc, within the Old World Village Plaza

    Overview

    This condominium offers approximately 2,200 square feet of flexible retail or office space. Recently renovated, the unit features a modern, updated interior designed to support a range of business uses. As part of a commercial condominium development, it provides a straightforward, own-your-space setup for operators who want control over their premises without sharing a single building lease structure.

    Located in the heart of downtown Grand Blanc within Old World Village Plaza, the property benefits from an established retail and business environment. The plaza is described as having ample parking and strong neighboring businesses, with a steady flow of clientele in the surrounding development.

    For tenants or buyers, the layout and condition make it practical for launching or expanding a local operation that needs a visible, accessible storefront or workspace. Its combination of a recently renovated interior and a commercial-condo format supports a range of retail and office concepts, whether you’re looking to secure your own location in a well-developed plaza setting or diversify your occupied real estate portfolio.
    Location Intelligence

    Current Use by Public Records

    Nuevo Vallarta Restaurant Carbon Beauty Bar Hair Salon Alter + Blend Hair Salon Austin Michael Institute ... Vocational School Grand Blanc Grooming ... Barber Shop

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Blanc
    County
    Genesee
    State
    Michigan
    Longitude
    -83.6329205
    Latitude
    42.9310992

    Nearby Similar for Sale

    • $300,000
      1,200 SF

      Turn-Key Restaurant Opportunity in Grand Blanc

      Restaurant with full kitchen, liquor license, and loyal customers.
      12235 S Saginaw Street, Grand Blanc, MI 48439
      View Details
    • $598,000

      Grand Blanc Investment Opportunity

      Prime downtown property with national franchise and additional office space.
      11528 S Saginaw St, Grand Blanc, MI 48439
      View Details
    • $650,000
      2,732 SF

      Grand Blanc Commercial Opportunity

      High-visibility commercial space suitable for retail or medical office.
      8392 HOLLY Road, Grand Blanc Charter Township, MI 48439
      View Details
    • $518,000
      3,000 SF

      Garage Condo Storage Units

      Fully finished premium garage condo units with private half baths, insulation, and climate control for collectors and small businesses.
      10320 N Holly Road 2- A&B, GrandBlancCity_Genesee, MI 48439
      View Details
    • $225,000
      1,000 SF

      Retail/Office Space in Downtown

      Retail or office space in Grand Blanc with ample parking.
      11225 S SAGINAW St H, Grand Blanc, MI 48439
      View Details
    • $689,900

      Downtown Corner Property with Apartment

      Corner property in downtown Grand Blanc with apartment and parking.
      11522 Davis St, Grand Blanc, MI 48439
      View Details
    • $689,900

      Downtown Grand Blanc Opportunity

      Corner lot with potential for multifamily or commercial development.
      11522 Davis St, Grand Blanc, MI 48439
      View Details
    • Contact for pricing
      11,154 SF

      Spacious Retail Building For Sale

      11,154 SF free-standing building in Grand Blanc Township.
      8360 S Saginaw St, Grand Blanc, MI, 48439
      View Details
    • $1,175,000

      Versatile Commercial/Industrial Property on US-23

      Commercial/industrial property with frontage on US-23 and multiple buildings.
      3090 W Cook Rd, MundyTownship_Genesee, MI 48439
      View Details
    • $350,000
      2,100 SF

      Grand Blanc Turn-Key Restaurant

      Turn-key restaurant with liquor license in downtown Grand Blanc.
      12235 S Saginaw St, Grand Blanc, MI 48439
      View Details
    • Contact for pricing
      535,000 SF

      Dominant Retail Power Center

      535,000 SF retail space anchored by major retailers.
      6160-6300 S. Saginaw Road & 6303-6333 Dort Highway | Grand Blanc, MI 49439
      View Details
    • $229,900
      1,400 SF

      Mundy Twp Duplex Investment

      Well-maintained duplex with long-term tenants on a generous lot.
      1261 W GRAND BLANC Road, Mundy Twp, MI 48439
      View Details

    FAQs

    What type of property is this?
    Office units - Recently renovated retail or office condo within Old World Village Plaza, offering convenient access and ample parking.
    Where is this office units located?
    The property is located at 11225 S Saginaw St D Grand Blanc, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Commercial condominium in Old World Village Plaza offering approximately 2,200 sq ft of retail or office space; Recently renovated unit with a modern, updated interior; Part of a well‑established development with ample parking
    (231) 350-8039
    We can help!
    Listing Contact
    Jonathan Crane
    Real Estate License ID: 6501400690
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11225 S Saginaw St D, Grand Blanc, MI 48439
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!