Established
New
For Sale
$645,000
1215 S River Rd, Saginaw, MI 48609
An operating brewery with an established customer following serves the Saginaw area.
Property Size7,600 SF
Price / SF$84.87
Days on Market6
Property Features for 1215 S River Rd
General Information
Standard status
Active
Size
7,600 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
1980
Listing Agency:
Century 21 Signature Realty
Listed By:
Ken Kujawa · License #6502333762
(989) 239-5581
Source:
Vmrealestatemichigan
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 12 at 8:40PM
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 Century 21 Signature Realty
Investment Insights
Based on property information with market context.
This 7,600-square-foot brewery property includes an established operating business and an existing customer base. The building dates to 1980 and is located at 1215 S River Rd in James Township, Michigan.
The brewery has a recognized local presence and an operating platform for continued brewing and hospitality activities.
The brewery has a recognized local presence and an operating platform for continued brewing and hospitality activities.
Key Highlights
- 7,600‑square‑foot brewery property
- Building constructed in 1980
- Established brewery operation with an existing customer base
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,629
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,580
$792.6K
Cap Rate 7%
$566,129
$566.1K
Cap Rate 9%
$440,322
$440.3K
Market Conditions
NOI Build-Up for 7,600 SF
Gross rent
$59.3K $7.80/SF
− Vacancy
−$2.7K −$0.35/SF
EGI
$56.6K $7.45/SF
− OpEx
−$17.0K −$2.23/SF
NOI
$39.6K $5.21/SF
Area
Saginaw County, MI
Vacancy
4.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,580
Cap Rate 7%
$566,129
Cap Rate 9%
$440,322
Alternative Uses
Best Use
Industrial
$566.1K
$495.4K – $660.5K
NOI $39,629 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.40M
$1.23M – $1.64M
NOI $98,291 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 48609, MI
12,082
Population
5,494
Households
2.2
Avg Household Size
50
Median Age
26%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
270
Density / Sq Mi
$78,800
Median Household Income
$43,865
Median Earnings
$903
Median Rent
$166,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Brewery - An operating brewery with an established customer following serves the Saginaw area.
Where is this brewery located?
The property is located at 1215 S River Rd Saginaw, MI.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 7,600‑square‑foot brewery property; Building constructed in 1980; Established brewery operation with an existing customer base
