Gas Station and Service
1419 Davenport Ave Saginaw, MI 48602
1419 Davenport Ave, Saginaw, MI, 48602
$495,000
For Sale
$495,000
1,718 sq. ft. gas and service station with two operating gas pumps and two overhead door mechanic bays.
Property Size1,718 SF
Price / SF$288.13
Days on Market320
Property Features for 1419 Davenport Ave
General Information
- Standard status
- Active
- Size
- 1,718 SF
- Property subtype
- Other
Listing agency
Wilson Realty Inc.
(989) 233-4587
Listed by
Scott Wilson · License #6502332002
(989) 233-4587
Source
Cpix.resimplifi
Added: Sep 6, 2025 Updated: Jul 21 at 1:30PM Checked: Jul 21 at 1:30PM
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 Wilson Realty Inc.
Investment Insights
Based on property information with market context.
This offering includes a long-standing Wally King gas and service station located at 1419 Davenport, along with additional parcels sold as a package. The Davenport property is a 1,718 sq. ft. gas and service station featuring two operating gas pumps with all fuel tanks above ground, as well as two overhead door mechanic bays.
The sale also includes 1418 State, a 1,226 sq. ft. building currently rented and operated as The Big Ugly Fish Bar; no liquor license is included. The listing further includes the operating Budget truck rental business, with annual sales information available upon request.
Addresses included in the sale are 1419 Davenport #13 1274 00100, 1418 State #13 1238 00000, 1414 State #131238 00100, 2111 Durand #13 2013 00000, and 1402 State #13 2014 00000. All five parcels are being sold together.
The sale also includes 1418 State, a 1,226 sq. ft. building currently rented and operated as The Big Ugly Fish Bar; no liquor license is included. The listing further includes the operating Budget truck rental business, with annual sales information available upon request.
Addresses included in the sale are 1419 Davenport #13 1274 00100, 1418 State #13 1238 00000, 1414 State #131238 00100, 2111 Durand #13 2013 00000, and 1402 State #13 2014 00000. All five parcels are being sold together.
Key Highlights
- All 5 parcels sold as a package, including a long‑standing Wally King gas and service station business
- 1419 Davenport #13: 1,718 SF gas and service station with two operating gas pumps and two overhead door mechanic bays
- Fuel tanks at 1419 Davenport are above ground
Local Financial Insights For Specialty Retail
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 | $30.9k | $18.00 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $29.6k | $17.24 |
| − OpEx | −$7.4k | −$4.31 |
| NOI | $22.2k | $12.93 |
1,718 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$317.4K
$277.7K – $370.3K
NOI $22,219 @ 7.0% cap · market cap 4.49%
Second Best
Retail
$182.8K
$160.0K – $213.3K
NOI $12,796 @ 7.0% cap · market cap 2.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Budget Truck Rental
Car Rental Facility
Wally King's Services
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - 1,718 sq. ft. gas and service station with two operating gas pumps and two overhead door mechanic bays.
Where is this gas station located?
The property is located at 1419 Davenport Ave Saginaw, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: All 5 parcels sold as a package, including a long‑standing Wally King gas and service station business; 1419 Davenport #13: 1,718 SF gas and service station with two operating gas pumps and two overhead door mechanic bays; Fuel tanks at 1419 Davenport are above ground
