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Corner Retail Investment Opportunity

1602 S Saginaw Rd Midland, MI 48640

Claim this Listing
For Sale
$650,000

Long-term tenants, high traffic, and income potential.

Type:Commercial
Added:
May 17, 2026
Days on Market:
59
Last Refresh:
Jul 2 at 3:20 pm

Property Features for 1602 S Saginaw Rd

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1980

Listing office RE/MAX New Image

Listing date May 17, 2026

Source Elliman

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 RE/MAX New Image


Investment Insights

Based on property information with market context.

This commercial property presents an investment opportunity with long-term tenants. The property is currently leased to Hannah Flowers and Asset Brokers, with lease terms including a 10% increase every five years. The owner is responsible for taxes and insurance. Situated at the intersection of Haley and Saginaw, the location benefits from a very high traffic count. The property has a bike score of 73, indicating it is very bikeable, and a walk score of 71, meaning it is very walkable.

Key Highlights

  • Long‑term tenants in place, providing immediate rental income
  • Leases include a 10% rent increase every five years, ensuring increasing returns
  • Very high traffic count at the Haley and Saginaw intersection, offering excellent visibility

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Asset Brokers & Loans Loan Service

Suggested Use

Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Barber Shop Electrical Service Garden Center Plumbing Service HVAC Service Law Firm Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Hannah's Flowers — 1600 S Saginaw Rd, Midland, MI 48640
  • Village Green — 715 S Saginaw Rd, Midland, MI 48640
  • Sandy's Design Studio LLC — 210 Dartmouth Dr, Midland, MI 48640
  • Kroger Floral Department — 2808 Ashman St, Midland, MI 48640

FAQs

What type of property is this?
Storefront property - Long-term tenants, high traffic, and income potential.
Where is this storefront property located?
The property is located at 1602 S Saginaw Rd Midland, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Long‑term tenants in place, providing immediate rental income; Leases include a 10% rent increase every five years, ensuring increasing returns; Very high traffic count at the Haley and Saginaw intersection, offering excellent visibility
Contact an agent
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