Retail Property with Frontage and
6470 State St Saginaw Saginaw, MI 48603
6470 State St Saginaw, Saginaw, MI, 48603
$325,000
For Sale
$325,000
Retail property featuring frontage, showroom/office space, and fenced yard.
Property Size3,240 SF
Price / SF$100.31
Days on Market297
Property Features for 6470 State St Saginaw
General Information
- Standard status
- Active
- Size
- 3,240 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing Agency
(248) 568-4640
Listed by
Joe Hamway
(248) 568-4640
Source
Tcnworldwide
Added: Sep 25, 2025 Checked: Jul 17 at 3:20 am
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 Joe Hamway
Investment Insights
Based on property information with market context.
This retail property features 116 feet of frontage and includes a fenced yard. The building incorporates 1,296 square feet of showroom or office space. The property has a total size of 3,240 square feet and is located on a main road.
Key Highlights
- 116' of frontage offers excellent visibility.
- 1,296 sq. ft. of showroom/office, ideal for business operations.
- Great main road frontage ensures high traffic exposure.
Local Financial Insights For Retail
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 | $42.0k | $12.96 |
| − Vacancy | −$7.5k | −$2.32 |
| EGI | $34.5k | $10.64 |
| − OpEx | −$10.3k | −$3.19 |
| NOI | $24.1k | $7.45 |
3,240 SF · lease $12.96/SF/yr · vacancy 17.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$344.7K
$301.7K – $402.2K
NOI $24,132 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$598.6K
$523.8K – $698.4K
NOI $41,903 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rental City
Party Supply Store
Similar For Sale Nearby
Similar Off Market Nearby
- Beforeign Carpett & Flooring Group — 4028 state st, saginaw, mi 48603
FAQs
What type of property is this?
Showroom - Retail property featuring frontage, showroom/office space, and fenced yard.
Where is this showroom located?
The property is located at 6470 State St Saginaw Saginaw, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 116' of frontage offers excellent visibility.; 1,296 sq. ft. of showroom/office, ideal for business operations.; Great main road frontage ensures high traffic exposure.
