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    450 E Michigan Ave Saline, MI 48176

    For Lease
    $1,500,000

    Move-in ready retail space in Saline's Central Business District.

    Property size:
    5,622 SF
    Lot size:
    0.93 Acres

    Property Features for 450 E Michigan Ave

    General Information

    Size
    5,622 SF
    Lot size
    0.93 Acres

    Source: Anchorage Realty & Commercial Agent Doug F. Ziesemer

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

    Overview

    Saline Retail Space Available

    Located within the City of Saline's Central Business District, this property offers a 5,622 square foot retail space. The surrounding area is primarily retail, featuring fast food restaurants, a CVS Drug Store, a Dairy Queen, and strip centers anchored by an Ace Hardware store and Busch's Supermarket, along with ancillary office, retail, and family dining establishments. The Faurecia Plastics plant is situated just northeast of the property. The area maintains economic stability, with steady residential and commercial development activity. The property is move-in ready for a bank or credit union, featuring a vault and teller stations from its previous use as a bank suite. Additionally, it includes a remote double-lane drive-thru with a bathroom.
    Insight Report Location Intelligence

    Current Use by Public Records

    CorTech International Staffing Employment Agency Caliper Staffing - A CorTech ... Employment Agency d2 Saline Greeting Card Shop ATM (Huntington National ... Atm

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Saline
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7720037
    Latitude
    42.1704935

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    FAQs

    What type of property is this?
    Bank - Move-in ready retail space in Saline's Central Business District.
    Where is this bank located?
    The property is located at 450 E Michigan Ave Saline, MI.
    What are key features of this property?
    This property features: - Move-in ready for a bank or credit union.; - Includes a vault and teller stations.; - Features a remote double-lane drive-thru with a bathroom.
    (734) 395-2092
    Request Owner's contact information
    450 E Michigan Ave Saline, MI 48176
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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
    450 E Michigan Ave Saline, MI 48176
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