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Two-Building Retail and Office Asset
For Sale
Contact for pricing
Pending

318 S Saginaw Rd, Midland, MI 48640

Two multi-tenant commercial buildings with frontage on three roadways, including a leased single-story medical-related suite.

Property Size12,146 SF
Days on Market124

Property Features for 318 S Saginaw Rd

General Information

Standard status Pending
Size 12,146 SF
Class C
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Ayre Rhinehart Real Estate Partners
Listed By: Matt Rapanos · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 10 Last Checked: Aug 12 at 11:01AM

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 Ayre Rhinehart Real Estate Partners

Investment Insights

Based on property information with market context.

This property includes two separate commercial buildings totaling 12,146 square feet. The first building is a Class C, five-suite commercial structure built in 1979, offering 9,517 square feet of commercial space. An additional 513 square feet of storage in the first building is currently not rented out.

The second building is a single-story, Class C commercial building built in 1947 with 2,629 square feet. It is currently leased to a physical therapist. The property has frontage on three roadways: S. Saginaw Road, Rodd Street, and Bayliss Street.

Overall, the asset presents a multi-suite configuration within two buildings, combining existing leased medical-related space with additional available storage in the primary structure.

Key Highlights

  • Two commercial buildings totaling 12,146 SF: a 9,517 SF five‑suite building plus a 2,629 SF single‑story building
  • First building: Class C, built in 1979, with five suites; includes 513 SF storage that is currently not rented
  • Second building: single‑story Class C commercial building built in 1947 and currently leased to a physical therapist

Property Analytics

Current Use

Big Apple Bagels Restaurant Private Stock Hobby ... (Bike/Boat/Book/etc) Store Longuski-Carter Insurance Agency ... Insurance Agency Reena's Jade Massage ... Alternative Medicine Practice Eudici's Pizza Midland Restaurant

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Big Box & Wholesale Store Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby

Demographics for 48640, MI

31,840
Population
14,340
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
303
Density / Sq Mi
$81,630
Median Household Income
$43,353
Median Earnings
$928
Median Rent
$191,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two multi-tenant commercial buildings with frontage on three roadways, including a leased single-story medical-related suite.
Where is this retail space located?
The property is located at 318 S Saginaw Rd Midland, MI.
What are key features of this property?
This property features: Two commercial buildings totaling 12,146 SF: a 9,517 SF five‑suite building plus a 2,629 SF single‑story building; First building: Class C, built in 1979, with five suites; includes 513 SF storage that is currently not rented; Second building: single‑story Class C commercial building built in 1947 and currently leased to a physical therapist
More about this property
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