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Turnkey Restaurant Opportunity For Sale
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5530 Gratiot, Saginaw, MI 48638

Fully equipped restaurant with patio, basement, and garage on 1.6 acres.

Property Size5,160 SF
Lot Size1.60 Acres
Price / SF$125.97
Days on Market102

Property Features for 5530 Gratiot

General Information

Standard status Active
Size 5,160 SF
Lot size 1.60 Acres
Property subtype Hospitality
Zoning b-1

Building Details

Year Built 2001
Year Renovated 2001
Buildings 2
Stories 1
Listing Agency: CENTURY 21 Signature Realty
Listed By: Kenneth Kujawa · License #6502333762
Source: Crexi
Added: May 12 Changed: Aug 13 Last Checked: Aug 20 at 8:39AM

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.

This turnkey restaurant opportunity is ready for immediate operation. The property, originally built in 2001, features over 5,100 sq. ft. of space on a 1.6-acre lot. The sale includes all furnishings, kitchen equipment, and bar equipment. A spacious outdoor patio is suitable for dining and entertainment. Multiple TVs are installed for viewing. The property also includes a 1,500 sq. ft. basement, suitable for storage and office use, and an additional 18x24 garage provides further storage flexibility. The versatile layout is suited for a restaurant, sports bar, banquet facility, event venue, or hospitality concept. A liquor license is available.

Key Highlights

  • Turnkey restaurant opportunity: Fully furnished and equipped with kitchen and bar equipment, ready for immediate operation.
  • Spacious outdoor patio: Ideal for dining and entertainment, enhancing customer experience.
  • Large 5,100 sq. ft. space on 1.6 acres: Provides ample room for various hospitality concepts.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Spa & Massage Center Building Supply

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

88
Businesses Nearby
Under-served
Demand for This Use

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 - Fully equipped restaurant with patio, basement, and garage on 1.6 acres.
Where is this conventional restaurant located?
The property is located at 5530 Gratiot 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: Turnkey restaurant opportunity: Fully furnished and equipped with kitchen and bar equipment, ready for immediate operation.; Spacious outdoor patio: Ideal for dining and entertainment, enhancing customer experience.; Large 5,100 sq. ft. space on 1.6 acres: Provides ample room for various hospitality concepts.
(989) 921-7000 Call to check price and availability
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