Search
Open-Concept Restaurant Property
For Sale
Contact for pricing
Pending

3870 Bay Rd, Saginaw, MI 48603

Open-beam interior, blank signage, and an oversized rear lot support flexible commercial occupancy.

Property SizeContact for details
Days on Market141

Property Features for 3870 Bay Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Northern Oak CRE LLC
Listed By: Jonathan Norton · License #MI 6​5​0​2​4​3​2​7​0​9
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:43PM

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 Northern Oak CRE LLC

Investment Insights

Based on property information with market context.

This restaurant property at 3870 Bay Rd features an open-concept interior with exposed-beam design, an established facade, and blank signage. The layout can accommodate restaurant, retail, or service-oriented operations, while a Benihana operator is currently in the process of vacating.

The site includes 360 parking spaces and an oversized rear lot. It is positioned along Bay Road near a main corner in the southern Fashion Square Mall neighborhood of Saginaw, Michigan, providing frontage and visibility from the surrounding commercial area.

Key Highlights

  • Open‑concept restaurant interior with exposed‑beam design
  • 360 parking spaces included on site
  • Oversized rear lot

Property Analytics

Current Use

Benihana Saginaw Michigan Restaurant

Suggested Use

Top Pick Real Estate Agency Electrical Service Hotel & Motel Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

772
Businesses Nearby
194k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 22% Groceries 11% Apparel 10%
Olive Garden Dining
25,795 visits/mo 0.3 miles
Chili's Grill & Bar Dining
22,157 visits/mo 0.4 miles
Gordon Food Service Groceries
21,012 visits/mo 0.1 miles
Dunham's Sports Apparel
17,601 visits/mo 0.4 miles
Wendy's Dining
14,278 visits/mo 0.4 miles

Demographics for 48603, MI

27,492
Population
13,367
Households
2.1
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
18.2 sq mi
ZIP Area
1,511
Density / Sq Mi
$65,690
Median Household Income
$41,661
Median Earnings
$1,019
Median Rent
$181,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Open-beam interior, blank signage, and an oversized rear lot support flexible commercial occupancy.
Where is this conventional restaurant located?
The property is located at 3870 Bay Rd Saginaw, MI.
What are key features of this property?
This property features: Open‑concept restaurant interior with exposed‑beam design; 360 parking spaces included on site; Oversized rear lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message