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Institutional Building Redevelopment
For Sale
$180,000

405 Hayes St, Saginaw, MI 48602

Former school/church facility on a corner parcel with a large basement and separate paved parking lot included in the sale.

Property Size18,190 SF
Lot Size0.63 Acres
Price / SF$9.90
Days on Market67

Property Features for 405 Hayes St

General Information

Standard status Active
Size 18,190 SF
Lot size 0.63 Acres
Property subtype Commercial
Zoning RMU

Building Details

Year Built 1950
Stories 2
Listing Agency: eXp Realty LLC
Listed By: Sarge Harvey · License #6506022569
Source: Elliman
Added: Jun 17 Changed: Aug 14 Last Checked: Aug 22 at 7:47AM

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

This sale includes a former school/church facility at 405 Hayes St. built in 1950, featuring solid institutional construction and expansive interior space across two stories plus a large basement level. The offering also includes a separate paved parking lot located directly across the street at 709 N. Hamilton St., giving the combined site additional off-street parking and development flexibility.

The property sits on a 0.629-acre corner parcel in the City of Saginaw with RMU zoning designations. The site is surrounded by residential, commercial, and institutional uses, and it is presented as an adaptive reuse opportunity for a range of redevelopment concepts, subject to municipal approval.

With two components included in the transaction—an improved building and an adjacent paved parking lot—the site is positioned to support redevelopment plans that require both indoor space and nearby parking on separate parcels.

Key Highlights

  • Former school/church facility at 405 Hayes St. with approx. 18,190 SF across two stories plus a large basement
  • Includes approx. 0.629‑acre corner parcel for redevelopment on the City of Saginaw west side corridor
  • Year built 1950 with approx. 10,235 SF basement space included in the building

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Accounting Firm Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

930
Businesses Nearby

Demographics for 48602, MI

27,613
Population
12,286
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
3,540
Density / Sq Mi
$46,068
Median Household Income
$29,611
Median Earnings
$902
Median Rent
$70,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - Former school/church facility on a corner parcel with a large basement and separate paved parking lot included in the sale.
Where is this school located?
The property is located at 405 Hayes St Saginaw, MI.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Former school/church facility at 405 Hayes St. with approx. 18,190 SF across two stories plus a large basement; Includes approx. 0.629‑acre corner parcel for redevelopment on the City of Saginaw west side corridor; Year built 1950 with approx. 10,235 SF basement space included in the building
More about this property
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