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C-2 Commercial Building with Parking
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4277 S Saginaw Street, Burton, MI 48529

Remodeled C-2 building with two entrances, large parking, and re-dividable suite potential on a high-traffic corridor.

Property Size3,560 SF
Price / SF$75.84
Days on Market170

Property Features for 4277 S Saginaw Street

General Information

Standard status Active
Size 3,560 SF
Property subtype Mixed Use, Retail, Industrial
Zoning C-2

Site & Location

Traffic Count 15,400 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 1977
Year Renovated 2018
Listing Agency: KW Commercial Genesee County
Listed By: Jackie Stratton · License #6510370535
Source: Crexi
Added: Feb 16 Changed: Jul 10 Last Checked: Aug 5 at 8:35AM

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 KW Commercial Genesee County

Investment Insights

Based on property information with market context.

This C-2 zoned commercial building offers approximately 3,500 square feet of space, with the flexibility of having been originally designed as two suites. The property is currently configured as one unit, but it can be re-divided back into two separate spaces. The building was fully remodeled in 2018 and includes two high-efficiency furnaces installed in 2018. There are two separate entrances, along with a large on-site parking lot, supporting multiple business formats and customer access.

Positioned along a primary corridor with traffic counts exceeding 15,400 vehicles per day, the property is set up for strong street-level visibility and signage opportunities. The asset is presented as a single 3,500 square foot building, and its C-2 zoning supports a range of commercial uses, depending on tenant and approval requirements.

Most recently operated as a pawn shop, the building may be conveyed with remaining equipment or delivered vacant, giving an owner-occupant or multi-tenant operator options for near-term use or repositioning. With the ability to convert back to two independent units, the property can fit buyers seeking either a single-tenant operation or a strategy that supports separate suite income.

Key Highlights

  • 3,500 SF C‑2 zoned commercial building built in 1977 on Burton corridor with 15,400+ VPD (per GCMPc)
  • Two separate entrances and large on‑site parking lot
  • Previously configured as two suites; currently one unit with re‑dividable potential back to two units

Financial Insights For Industrial

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 $32.0k $9.00
− Vacancy −$3.2k −$0.91
EGI $28.8k $8.09
− OpEx −$8.6k −$2.43
NOI $20.2k $5.66
3,560 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%

Alternative Uses

Best Use
Office B
$560.3K
$490.2K – $653.6K (±1% cap)
NOI $39,218 @ 7.0% cap · market cap 14.53%
Second Best
Retail
$527.9K
$462.0K – $615.9K (±1% cap)
NOI $36,956 @ 7.0% cap · market cap 13.69%
Theoretical Best
Office A
$749.1K
$655.5K – $874.0K (±1% cap)
NOI $52,438 @ 7.0% cap · market cap 19.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Skin Care Clinic HVAC Service

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

15,400 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48529, MI

9,560
Population
4,430
Households
2.2
Avg Household Size
37
Median Age
8%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
1,992
Density / Sq Mi
$38,021
Median Household Income
$24,189
Median Earnings
$1,003
Median Rent
$74,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Remodeled C-2 building with two entrances, large parking, and re-dividable suite potential on a high-traffic corridor.
Where is this flex space located?
The property is located at 4277 S Saginaw Street Burton, MI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 3,500 SF C‑2 zoned commercial building built in 1977 on Burton corridor with 15,400+ VPD (per GCMPc); Two separate entrances and large on‑site parking lot; Previously configured as two suites; currently one unit with re‑dividable potential back to two units
More about this property
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