Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Property with Drive-Up Window Title is generated by Realmo AI

    2706 N Saginaw Road, Midland, MI 48640

    View on Map
    Claim this Listing
    For Sale
    $995,000

    COMMERCIAL - Midland, MI

    Property size:
    6,000 SF
    Lot size:
    0.92 Acres
    Price / SF:
    $165/SF
    Added:
    Aug 25, 2025
    Days on Market:
    284
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for 2706 N Saginaw Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    140550090
    Size
    6,000 SF
    Lot size
    0.92 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1998
    Roof type
    Metal

    We can help!

    Listing Contact
    Ken Kujawa

    Listing agent Ken Kujawa License #6502333762

    Listing office Century 21 Signature Realty 5580 State Street Suite 4, Saginaw, MI

    Listing date Aug 25, 2025

    MLS# 50186294

    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.

    HighLights

    • Approx. 6,000 sq. ft. commercial property near Dow High School and the hospital
    • 4,500 sq. ft. already leased and 1,800 sq. ft. available
    • Drive‑up window for customer access
    • Built in 1998 with forced air heating and central air conditioning
    • Metal roof and parking lot on‑site
    • Served by public water

    Overview

    This retail property includes a drive-up window and a total building area of approximately 6,000 square feet. The space is currently partially occupied, with about 4,500 square feet leased and approximately 1,800 square feet available. The configuration supports customer-facing retail activity tied to the service window feature.

    The property is located at 2706 N Saginaw Road in Midland, Michigan. The public remarks note its proximity to Dow High School and the hospital, positioning it for convenient access for area customers.

    For buyers and owner-operators, the existing leased portion can help offset occupancy needs while still leaving room to expand within the same building. Tenants considering the available 1,800 square feet will benefit from the drive-up window setup and the established retail environment already in place. The combination of on-site service functionality and a partially occupied layout provides a practical path for steady use and additional leasing within a single retail asset.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.259707
    Latitude
    43.641659

    Nearby Similar for Sale

    • $842,500
      14,228 SF

      Midland Commercial/Industrial Building For Sale

      Office/warehouse building with cold storage and high visibility.
      49 E ISABELLA, Midland, MI 48640
      View Details
    • $899,900
      2,457 SF

      Downtown Salon & Spa Property

      Established salon/spa on a 0.33-acre site with strong downtown vehicle traffic for customer visibility.
      312 McDonald Street, Midland, MI 48640
      View Details
    • $475,000
      9,578 SF

      Midland Church Versatile Facility

      Well-maintained church with daycare license and flexible spaces.
      1717 Sugnet Rd, Midland, MI 48642
      View Details
    • $995,000
      6,000 SF

      Medical or Retail Flex Building

      Updated building with a drive-up window and ample rear parking, well suited for medical, retail, or professional use.
      2706 N Saginaw Road, Midland, MI 48640
      View Details
    • $475,000
      9,578 SF

      Midland Church of the Brethren

      1717 Sugnet Rd, Midland, MI 48642
      View Details
    • $319,000
      1,000 SF

      Storefront with Flexible Interior Layout

      Street-facing storefront windows and a flexible interior support retail, dining, or mixed-use concepts near a downtown pedestrian plaza.
      134 W Main Street, Midland, MI 48640-5156
      View Details
    • $1,200,000
      4,000 SF

      Established Restaurant Landmark in Midland

      Operating restaurant with bar, updated interior, ample parking.
      1716 W WACKERLY, Midland, MI 48640
      View Details
    • $464,500
      9,678 SF

      Corner Warehouse with Attached Office

      Warehouse with high ceilings and overhead doors plus attached office, on a commercial corner lot with road frontage.
      3101 S Saginaw Road, Midland, MI 48640
      View Details
    • $198,500
      1,135 SF

      Midland Office Building For Sale

      Office building in Midland, MI with leaseback opportunity.
      402 Bayliss, Midland, MI 48640
      View Details
    • $999,000
      8,786 SF

      Midland Retail Building For Sale

      Retail building in Midland CBD with redevelopment potential.
      201 McDonald Street, Midland, MI, 48640
      View Details
    • $849,000
      10,361 SF

      Colonial Residence with Annex

      Riverfront colonial residence with a large annex, seven bedrooms, and two separate kitchens for flexible living or hosting.
      3115 Isabella Street, Midland, MI 48640
      View Details
    • $999,750
      14,480 SF

      Professional Office Complex For Sale

      Professional office complex with long-term tenants in excellent condition.
      720 W WACKERLY, Midland, MI 48640
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail building near a hospital and Dow High School, offering both leased space and additional space for occupancy.
    Where is this retail space located?
    The property is located at 2706 N Saginaw Road Midland, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Approx. 6,000 sq. ft. commercial property near Dow High School and the hospital; 4,500 sq. ft. already leased and 1,800 sq. ft. available; Drive‑up window for customer access
    (989) 239-5581
    We can help!
    Listing Contact
    Ken Kujawa
    Real Estate License ID: 6502333762
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2706 N Saginaw Road, Midland, MI 48640
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!