Brewery Property with
New
For Sale
$645,000
1215 S River Road, Saginaw, MI 48609
COM/IND/BUS OPP, Saginaw, MI
Property Size7,600 SF
Lot Size1.01 Acres
Price / SF$84.87
Days on Market2
Property Features for 1215 S River Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Patio and Porch features
Patio
Exterior features
Deck/Patio
Lot features
Rural, Cleared
Subdivision
James Twp (73013)
Standard status
Active
APN
16124312022000
Size
7,600 SF
Lot size
1.01 Acres
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1980
Roof type
Metal, Shingle
Listing Agency:
Century 21 Signature Realty · Century 21 Real Estate
(989) 921-7000
Listed By:
Ken Kujawa · License #6502333762
(989) 239-5581
Added: Oct 9
Last Checked: Oct 10 at 7:06AM
MLS# 50224443
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
An existing brewery operation occupies a 7,600-square-foot building on a 1.01-acre parcel at 1215 S River Road in Saginaw. The property includes a patio, forced-air heating, and public water service. Construction dates to 1980, and the roof includes metal and shingle materials.
Key Highlights
- Existing brewery operation
- 7,600‑square‑foot building on 1.01 acres
- Patio included
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.
Property Analytics
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Open Analytics
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Brewery - The site combines an existing brewery operation with outdoor patio space.
Where is this brewery located?
The property is located at 1215 S River Road 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: Existing brewery operation; 7,600‑square‑foot building on 1.01 acres; Patio included
