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Redevelopment Site Near Medical Center
For Sale
$699,000

5617 E Saginaw Hwy, Grand Ledge, MI 48837

Income-generating redevelopment site near the University of Michigan Sparrow Medical Center.

Property Size2,128 SF
Price / SF$328.48
Days on Market272

Property Features for 5617 E Saginaw Hwy

General Information

Standard status Active
Size 2,128 SF
Class B
Property subtype Redevelopment Opportunity

Building Details

Building Size 2,128 SF
Listing Agency: NAI Mid-Michigan
Listed By: Jeffrey Branch · License #MI #6506049327
Source: Naiglobal
Added: Nov 22, 2025 Changed: Aug 9 Last Checked: Aug 20 at 4:57AM

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 NAI Mid-Michigan

Investment Insights

Based on property information with market context.

This commercial land is a prime income and redevelopment site located on E Saginaw Highway/M-43, just east of Charlevoix Drive in Grand Ledge. The property is immediately adjacent to the upcoming University of Michigan Sparrow Medical Development. Existing tenancy provides immediate income, helping to recoup investment costs. The site benefits from high traffic volume, with over 29,000 vehicles passing per day. All utilities are available to the property. The property size is 2128 square feet.

Key Highlights

  • Prime redevelopment site adjacent to the new U of M Sparrow Medical Center.
  • Immediate income from existing tenancy.
  • Located on high traffic corridor (29,000+ VPD).

Property Analytics

Current Use

Insurance - Bruce Daavettila Insurance Agency David M. Trentadue, ... Law Firm Daavettila Insurance Agency ... Insurance Agency Bruce & Berita Agency Insurance Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Law Firm Gym & Fitness Center

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

273
Businesses Nearby

Demographics for 48837, MI

19,189
Population
8,638
Households
2.2
Avg Household Size
42
Median Age
39%
College-Educated
98%
High-School Grad
78.4 sq mi
ZIP Area
245
Density / Sq Mi
$93,161
Median Household Income
$54,791
Median Earnings
$1,034
Median Rent
$239,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Income-generating redevelopment site near the University of Michigan Sparrow Medical Center.
Where is this commercial land located?
The property is located at 5617 E Saginaw Hwy Grand Ledge, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime redevelopment site adjacent to the new U of M Sparrow Medical Center.; Immediate income from existing tenancy.; Located on high traffic corridor (29,000+ VPD).
More about this property
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