Wedding Venue with Storage
For Sale
$1,150,000
14130 N Saginaw Road, Clio, MI 48420
Multiple buildings support event and storage operations with updated HVAC, plumbing, and windows.
Property Size11,290 SF
Price / SF$101.86
Days on Market90
Property Features for 14130 N Saginaw Road
General Information
Standard status
Active
Size
11,290 SF
Property subtype
Commercial
Lease Term
Cash, Conventional, Other
Taxes and HOA fees
Annual Taxes
$14,493
Building Details
Building Size
11,290 SF
Year Built
1975
Buildings
3
Listing Agency:
Piper Realty Company
(810) 875-7508
Listed By:
Timothy Sarver
(810) 875-7508
Source:
Sabudarealty
Added: May 6
Changed: Aug 2
Last Checked: Aug 2 at 4:08AM
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 Piper Realty Company
Investment Insights
Based on property information with market context.
This 11,290-square-foot property includes three separate buildings on 4+ acres in Vienna Charter Township. The improvements are currently operating as a wedding venue and storage facility, providing established event and storage uses within one property. New HVAC systems, new plumbing throughout, and new windows are among the completed improvements. Functional layouts support the current operations and provide flexibility for continued use of the existing buildings.
The property is located at 14130 N Saginaw Road and was built in 1975. Its expansive grounds include room for event activity, storage-related use, and additional structures, as described in the property information. The combination of event operations, storage facilities, updated building systems, and acreage creates a multi-building commercial property with several documented existing uses.
The property is located at 14130 N Saginaw Road and was built in 1975. Its expansive grounds include room for event activity, storage-related use, and additional structures, as described in the property information. The combination of event operations, storage facilities, updated building systems, and acreage creates a multi-building commercial property with several documented existing uses.
Key Highlights
- 4+ acres with 3 separate buildings
- 11,290 square feet of total property size
- Currently operates as a wedding venue and storage facility
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.6k | $9.00 |
| − Vacancy | −$10.3k | −$0.91 |
| EGI | $91.3k | $8.09 |
| − OpEx | −$13.7k | −$1.21 |
| NOI | $77.6k | $6.88 |
11,290 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.11M
$970.6K – $1.29M
NOI $77,645 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.08M – $2.77M
NOI $166,300 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 48420, MI
21,771
Population
9,136
Households
2.4
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
66.4 sq mi
ZIP Area
328
Density / Sq Mi
$63,427
Median Household Income
$40,420
Median Earnings
$797
Median Rent
$177,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Multiple buildings support event and storage operations with updated HVAC, plumbing, and windows.
Where is this wedding venue located?
The property is located at 14130 N Saginaw Road Clio, MI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4+ acres with 3 separate buildings; 11,290 square feet of total property size; Currently operates as a wedding venue and storage facility
