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Restaurant and Entertainment Facility

8849 Gratiot, Saginaw, MI 48609

For Sale
$2,500,000

B-4 zoning and a dedicated recreation area support restaurant, event, and entertainment uses.

Property Size25,168 SF
Lot Size2.55 Acres
Price / SF$99.33
Days on Market79

Property Features for 8849 Gratiot

General Information

Standard status Active
Size 25,168 SF
Lot size 2.55 Acres
Property subtype Commercial/Industrial
Zoning B-4

Additional Details

Highway Access Yes
Sprinkler System Yes
Liquor License Yes

Building Details

Year Built 1970
Buildings 1
Listing Agency: The Miller Group
Listed By: Paul Burback · License MI #6506048895
Source: Jabachler
Added: Aug 26 Changed: Nov 11 Last Checked: Nov 11 at 11:02PM

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 The Miller Group

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Investment Insights

Based on property information with market context.

This 25,168-square-foot restaurant and entertainment property occupies 2.55 acres across two parcels. Built in 1970 and fully renovated, the building combines a large dining room, commercial kitchen, and separate entertainment area with axe-throwing lanes and billiards. A building-wide fire suppression system is installed, and a Class C liquor license is included in the sale.

The property is in Thomas Township’s Gratiot Road (M-46) commercial corridor in Saginaw County. B-4 zoning supports restaurant, brewpub, family entertainment, event venue, and other permitted commercial uses. On-site parking is provided.

Key Highlights

  • 25,168‑square‑foot restaurant and entertainment building on 2.55 acres
  • Two parcels included in the sale
  • Fully renovated; originally built in 1970

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

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

Yes
Sprinkler system
Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
4,599 visits/mo 0.4 miles

Demographics for 48609, MI

12,082
Population
5,494
Households
2.2
Avg Household Size
50
Median Age
26%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
270
Density / Sq Mi
$78,800
Median Household Income
$43,865
Median Earnings
$903
Median Rent
$166,400
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - B-4 zoning and a dedicated recreation area support restaurant, event, and entertainment uses.
Where is this conventional restaurant located?
The property is located at 8849 Gratiot Saginaw, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 25,168‑square‑foot restaurant and entertainment building on 2.55 acres; Two parcels included in the sale; Fully renovated; originally built in 1970
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