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    415 S Michigan Ave Saginaw, MI 48602

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    For Sale
    $175,000

    High-visibility commercial property suitable for bar, restaurant, or retail.

    Property size:
    1,875 SF
    Lot size:
    0.22 Acres

    Property Features for 415 S Michigan Ave

    General Information

    Size
    1,875 SF
    Lot size
    0.22 Acres

    Source: The Miller Group of Saginaw Inc. Agent Bob Morford

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

    Overview

    Commercial Building at Busy Intersection

    This commercial property is located at the corner of M-46 and Michigan Avenue. The 1,875 square foot building, formerly the Neutral Zone Bar, is suited for a bar, restaurant, or retail use. It features a spacious interior layout and a full commercial kitchen. An additional 1,455 square foot storage building is located on the premises, offering flexibility for inventory, prep space, or conversion to auxiliary business use. The sale includes real estate only; the liquor license is not included.
    Insight Report Location Intelligence

    Current Use by Public Records

    Self Storage Secure Self-Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Scottish Inn, Sports page lounge, Saginaw Old Town Junction, Maple Gardens, Lynn.Roberts

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.967578
    Latitude
    43.415446

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    FAQs

    What type of property is this?
    Bar - High-visibility commercial property suitable for bar, restaurant, or retail.
    Where is this bar located?
    The property is located at 415 S Michigan Ave Saginaw, MI.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - High-visibility commercial property at a busy intersection (M-46 and Michigan Avenue).; - 1,875 sq ft building suited for bar, restaurant, or retail use.; - Includes a full commercial kitchen.
    (989) 790-2611
    Request Owner's contact information
    415 S Michigan Ave Saginaw, MI 48602
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    Saginaw, MI 48602
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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
    415 S Michigan Ave Saginaw, MI 48602
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