Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5050 Gratiot Rd Saginaw, MI 48638

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,299,000

    Former Rite Aid location with over 11,000 square feet.

    Property size:
    11,459 SF
    Lot size:
    2.57 Acres

    Property Features for 5050 Gratiot Rd

    General Information

    Size
    11,459 SF
    Lot size
    2.57 Acres

    Source: CENTURY 21 Signature Realty Agent Kenneth M. Kujawa

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

    Overview

    Prime Retail Opportunity in Saginaw

    This property offers over 11,000 square feet of retail space. Formerly a Rite Aid, the location is at the intersection of M-46 (Gratiot) and Center Road in Saginaw Township. This property is suitable for retail business operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    James E. Weiss, ... Pharmacy Rite Aid Beauty Supply Store Western Union Money Transfer Service higi Health Consultant Ann Hetzner Pharmacy

    Suggested Use

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

    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
    -84.015337
    Latitude
    43.415874

    Nearby Similar for Sale

    • $825,000
      5,160 SF

      Turnkey Restaurant with Liquor License

      Premier Saginaw restaurant with Class C liquor license for sale.
      5530 Gratiot Rd, Saginaw, MI 48638
      View Details
    • $499,999
      5,000 SF

      Renovated Commercial Building, Saginaw Township

      Turn-key commercial property in a premier, high-traffic Saginaw location.
      3061 Christy Way, Saginaw, MI 48604
      View Details
    • $174,900
      5,888 SF

      Versatile Building in High-Demand Corridor

      Two-story building with redevelopment potential in high-traffic location.
      4414 Bay St, Saginaw, MI 48603
      View Details
    • $495,000
      1,718 SF

      Gas and Service Station Package

      Five parcels including gas station, bar, and truck rental.
      1419 Davenport Ave, Saginaw, MI 48602
      View Details
    • $459,900
      5,207 SF

      Commercial Building on 1.3 Acres

      Three-suite commercial building with plentiful parking on 1.3 acres.
      3150 Hallmark Ct, Saginaw, MI 48603
      View Details
    • $110,000
      3,258 SF

      Spacious Farmhouse with Original Charm

      Five-bedroom home with original character and updated farmhouse-style kitchen.
      1029 E Holland Ave, Saginaw, MI 48601
      View Details

    FAQs

    What type of property is this?
    Drug store - Former Rite Aid location with over 11,000 square feet.
    Where is this drug store located?
    The property is located at 5050 Gratiot Rd Saginaw, MI.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Over 11,000 square feet of retail space; - **Prominent intersection location:** M-46 (Gratiot) and Center Road; - Located in Saginaw Township
    (989) 239-5581
    Request Owner's contact information
    5050 Gratiot Rd Saginaw, MI 48638
    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.
    5050 Gratiot Rd
    Saginaw, MI 48638
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5050 Gratiot Rd Saginaw, MI 48638
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.