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Fenced Flex Space with Cannabis Approvals
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216 N Bates St, Saginaw, MI 48602

Two buildings offer industrial, warehouse, and retail-related functionality with M1 zoning and full special land use approvals.

Property Size4,252 SF
Lot Size0.30 Acres
Days on Market144

Property Features for 216 N Bates St

General Information

Standard status Active
Size 4,252 SF
Lot size 0.30 Acres
Property subtype Industrial
Zoning M1

Site & Location

Fenced Yard Yes
Utilities to Site Yes

Additional Details

Clear Height 19 ft

Building Details

Buildings 2
Listing Agency: Friedman Real Estate
Listed By: Andreanna Grillo · License #6506049093
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:34PM

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 Friedman Real Estate

Investment Insights

Based on property information with market context.

This flex property includes 4,252 square feet across two buildings measuring 832 square feet and 3,420 square feet. The improvements have 10-19' ceilings, two gas meters, and separate city water, consumer power, and gas service in both units. The entire property is fenced.

M1 zoning supports a range of listed commercial and industrial uses, including wholesale warehousing, tool and die work, laboratories, automobile repair, vehicle storage, bakeries, dry cleaning, painting, and hotel or motel operations. The property also qualifies for recreational cannabis retail, processing, secure transport, safety compliance, and excess grower activities. Full special land use approvals are in place, and site plans are included for adult-use retail. MBS International Airport is 22 minutes away.

Key Highlights

  • 4,252 square feet across two buildings: 832 square feet and 3,420 square feet
  • M1 zoning with full special land use approvals
  • Qualifies for recreational cannabis retail, processing, secure transport, safety compliance, and excess grower activities

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Garden Center Acupuncture (Bike/Boat/Book/etc) 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.

Lease Details

19 ft
Clear height
Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Tha G'Z Spot llc AKA Tha Grub spot 208 S Hamilton St, Saginaw, MI 48602

Frequently Asked Questions

What type of property is this?
Flex space - Two buildings offer industrial, warehouse, and retail-related functionality with M1 zoning and full special land use approvals.
Where is this flex space located?
The property is located at 216 N Bates St Saginaw, MI.
What are key features of this property?
This property features: 4,252 square feet across two buildings: 832 square feet and 3,420 square feet; M1 zoning with full special land use approvals; Qualifies for recreational cannabis retail, processing, secure transport, safety compliance, and excess grower activities
(586) 216-4947 Call to check price and availability
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