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    5470 Gratiot Rd Saginaw, MI 48638

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    For Sale
    $385,000

    3381 SF retail pharmacy with drive-thru on 1.028 acres.

    Property size:
    3,381 SF
    Lot size:
    1.03 Acres

    Property Features for 5470 Gratiot Rd

    General Information

    Size
    3,381 SF
    Lot size
    1.03 Acres

    Source: Trademark Commercial Group Agent Gretchen Witherspoon,SIOR,CCIM

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

    Overview

    Retail Pharmacy with Drive-Thru

    This 3381 square foot building, formerly an Independent Bank, is situated on 1.028 acres of commercially zoned land. Currently operating as a retail pharmacy with a drive-thru, the property features 2-3 closed-door offices, men's and women's restrooms, and an open cubicle area. This open area could be remodeled to create additional offices or a conference room. The property also includes 4 drive-thru teller lanes. Located on Gratiot Road (M-46), the property offers excellent visibility. The real estate is for sale, but the business is not included in the purchase price. The property is suitable for retail, office, or drive-thru restaurant use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arogya Pharmacy Inc. Pharmacy

    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.

    Similar Places Nearby

    Family Video, Arogya Pharmacy Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.024757
    Latitude
    43.415784

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    FAQs

    What type of property is this?
    Drug store - 3381 SF retail pharmacy with drive-thru on 1.028 acres.
    Where is this drug store located?
    The property is located at 5470 Gratiot Rd Saginaw, MI.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Drive-thru with 4 lanes for customer convenience; - Excellent visibility on Gratiot Road (M-46); - Commercial zoning on 1.028 acres
    (989) 295-0353
    Request Owner's contact information
    5470 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
    5470 Gratiot Rd Saginaw, MI 48638
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