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    3001 Saginaw Larkin Charter Township, MI 48642

    Sponsored
    For Sale
    $499,900

    High-traffic location, updated 2,430 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,430 square foot building, located at 3001 S Saginaw in Midland, Michigan (48642), presents a unique investment opportunity. Currently configured as a Mexican restaurant with a capacity for 80 guests, this property boasts a prime location near Dow, Costco, and downtown Midland, ensuring high visibility and foot traffic. Recent renovations include a complete overhaul of the kitchen and bar appliances, HVAC system, plumbing, roofing, and a fresh coat of paint throughout. Two bathrooms cater to both customers and staff. The flexible layout allows for diverse uses, from maintaining the existing restaurant concept to adapting it for other retail or business ventures. The possibilities are endless, whether you envision a trendy brunch spot, a bustling lunch destination, or a sophisticated bar. This turnkey property is ready for immediate occupancy. The liquor license is available for separate negotiation. Priced at $499,900, this is an exceptional opportunity to establish or expand your business in a thriving community.

    Property Features for 3001 Saginaw

    General Information

    Property type
    Land

    HighLights

    • 2,430 SF building at 3001 S Saginaw, Midland, MI (48642).
    • Currently operating as an 80‑seat Mexican restaurant.
    • Prime location near Dow, Costco, and downtown Midland.
    • Recently renovated with new kitchen & bar equipment, HVAC, plumbing, roof, and paint.
    • Two bathrooms.
    • Flexible layout suitable for various retail or restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Taste of Midland Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Larkin Charter Township
    State
    Michigan
    Longitude
    -84.2278796
    Latitude
    43.7600155

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    FAQs

    What type of property is this?
    Land - High-traffic location, updated 2,430 sq ft.
    Where is this land located?
    The property is located at 3001 Saginaw Larkin Charter Township, MI.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: 2,430 SF building at 3001 S Saginaw, Midland, MI (48642).; Currently operating as an 80-seat Mexican restaurant.; Prime location near Dow, Costco, and downtown Midland.
    Request Owner's contact information
    3001 Saginaw Larkin Charter Township, MI 48642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3001 Saginaw Larkin Charter Township, MI 48642
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