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Restaurant Property with Entertainment Space
For Sale
$315,000

265 W Saginaw Street, Hemlock, MI 48626

COM/IND/BUS OPP, Hemlock, MI

Property Size3,845 SF
Price / SF$81.92
Days on Market48

Property Features for 265 W Saginaw Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Patio and Porch features Patio
Exterior features Deck/Patio
Lot features Corner Lot, Main Street
Subdivision Richland Twp (73019)
Standard status Active
APN 22-12-2-28-0114-006
Size 3,845 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5726

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2000
Roof type Concrete
Listing Agency: Berkshire Hathaway HomeServices
Listed By: Abby Enszer · License #6501401511
Added: Jul 20 Changed: Aug 19 Last Checked: Sep 5 at 4:06PM
MLS# 50215476

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,845-square-foot restaurant condominium is located within a strip mall and includes a fully equipped commercial kitchen, bar area, dining room, restrooms, private office, and separate entertainment space. The dining room accommodates 88 seats, with additional outdoor seating on the patio and deck. Sale includes the building, Class C liquor license, and equipment.

Built in 2000, the property has forced-air heating, central air, a concrete roof, and public water. Its position along W. Saginaw Street provides visibility and access along a well-traveled commercial corridor. The existing configuration supports restaurant, bar, banquet, event, brewery, and related hospitality uses described in the property information.

Key Highlights

  • 3,845‑square‑foot restaurant condominium in a strip mall
  • 88‑seat dining room with additional outdoor seating
  • Fully equipped commercial kitchen, bar area, office, and restrooms

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Nail Salon Hair Salon Dental Office

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

Yes
Commercial hood
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48626, MI

5,962
Population
2,307
Households
2.6
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
65.5 sq mi
ZIP Area
91
Density / Sq Mi
$81,961
Median Household Income
$40,756
Median Earnings
$935
Median Rent
$208,600
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial kitchen, bar, dining room, event area, and patio support restaurant and hospitality operations.
Where is this conventional restaurant located?
The property is located at 265 W Saginaw Street Hemlock, MI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 3,845‑square‑foot restaurant condominium in a strip mall; 88‑seat dining room with additional outdoor seating; Fully equipped commercial kitchen, bar area, office, and restrooms
More about this property
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