Mixed-Use Building with Private
2911 Court Street Saginaw, MI 48602
2911 Court Street, Saginaw, MI, 48602
$119,900
For Sale
$119,900
Residential Multi Family, Other - Saginaw, MI
Property Size1,798 SF
Lot Size0.22 Acres
Price / SF$66.69
Days on Market101
Property Features for 2911 Court Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,798 SF
- Lot size
- 0.22 Acres
Building Details
- Year built
- 1917
- Architectural style
- Other
Listing Agency
NextHome Greater Tri-Cities
(989) 239-7545
827 North Michigan Avenue, MI
Listed by
Coty Lewis Group Team · License #PersonLicenseNumber
(989) 239-7545
Added: Apr 9 Checked: Jul 18 at 12:06 am
MLS# 50203788
Listing URL
Copyright © 2026 NextHome, Inc. 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 well-maintained mixed-use building provides multiple spaces for income and flexible use. The main level is well suited for professional office space, salon use, or other small business applications. The second floor features a spacious two-bedroom apartment with its own private entrance. A lower level adds additional usable space that could be used as office space, storage, or support another income-producing setup. Updates are noted throughout the property.
The property includes two convenient driveways off Court St and a large rear parking lot, offering parking for tenants, clients, or customers. The building is located at 2911 Court Street in Saginaw, MI 48602.
The property includes two convenient driveways off Court St and a large rear parking lot, offering parking for tenants, clients, or customers. The building is located at 2911 Court Street in Saginaw, MI 48602.
Key Highlights
- Year built 1917 mixed‑use property
- Second‑floor 2‑bedroom apartment with its own private entrance
- 3 bathrooms and 2 bedrooms listed in the layout
Local Financial Insights For Apartment 5plus
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 | $19.2k | $10.68 |
| − Vacancy | −$807 | −$0.45 |
| EGI | $18.4k | $10.23 |
| − OpEx | −$8.3k | −$4.60 |
| NOI | $10.1k | $5.63 |
1,798 SF · lease $10.68/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Office B
$251.4K
$220.0K – $293.3K
NOI $17,598 @ 7.0% cap · market cap 14.68%
Second Best
Mixed Use
$208.1K
$182.1K – $242.7K
NOI $14,564 @ 7.0% cap · market cap 12.15%
Theoretical Best
Specialty Retail
$332.2K
$290.7K – $387.6K
NOI $23,254 @ 7.0% cap · market cap 19.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Precision Styles & Cutz ...
Hair Salon
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FAQs
What type of property is this?
Mixed-use property - Main level offers flexible office or salon space, with a second-floor two-bedroom apartment and private entrance.
Where is this mixed-use property located?
The property is located at 2911 Court Street Saginaw, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Year built 1917 mixed‑use property; Second‑floor 2‑bedroom apartment with its own private entrance; 3 bathrooms and 2 bedrooms listed in the layout
