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Turnkey Restaurant with Outdoor Patio
For Sale
$650,000
Pending

5530 Gratiot Rd, Saginaw, MI 48638

Turnkey restaurant includes furnishings and kitchen and bar equipment for immediate operation, plus an outdoor patio.

Property SizeContact for details
Days on Market95

Property Features for 5530 Gratiot Rd

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $21,918

Building Details

Year Built 2001
Listing Agency: Century 21 Signature Realty
Listed By: Ken Kujawa · License #6502333762
Source: Elliman
Added: May 19 Changed: Aug 20 Last Checked: Aug 20 at 8:56AM

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 Century 21 Signature Realty

Investment Insights

Based on property information with market context.

Turnkey restaurant opportunity ready for operation, featuring a former restaurant layout with all furnishings, kitchen equipment, and bar equipment included. The property totals 5,100+ square feet and was built in 2001. Outdoor dining is supported by a spacious patio, and the interior includes multiple TVs. Additional functional space includes a 1,500 square foot basement that can support storage and office use, along with an 18x24 garage for added storage flexibility.

Located at 5530 Gratiot Rd in Saginaw Charter Township, MI, the setting is car-dependent based on the provided Walk Score and Bike Score.

This fully equipped, versatile restaurant facility is suited for a restaurant, sports bar, banquet facility, event venue, or hospitality concept, and a liquor license is available.

Key Highlights

  • Former restaurant built in 2001 with over 5,100 sq. ft. on 1.6 acres
  • Turnkey setup includes furnishings plus kitchen equipment and bar equipment for immediate operation
  • Outdoor patio for dining and entertainment

Property Analytics

Current Use

Spencer's Route 46 ... Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Home Improvements & Furnishings 10%
PNC Bank Shops & Services
2,718 visits/mo 0.3 miles
Carpet One Floor & Home Home Improvements & Furnishings
307 visits/mo 0.2 miles

Demographics for 48638, MI

13,199
Population
6,479
Households
2
Avg Household Size
42
Median Age
36%
College-Educated
95%
High-School Grad
6.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$63,444
Median Household Income
$44,281
Median Earnings
$948
Median Rent
$161,200
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant includes furnishings and kitchen and bar equipment for immediate operation, plus an outdoor patio.
Where is this conventional restaurant located?
The property is located at 5530 Gratiot Rd Saginaw, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Former restaurant built in 2001 with over 5,100 sq. ft. on 1.6 acres; Turnkey setup includes furnishings plus kitchen equipment and bar equipment for immediate operation; Outdoor patio for dining and entertainment
More about this property
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