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    220 Center Rd Saginaw, MI 48638

    For Lease
    $12 SF/Yr ($1,505 /Mo)

    Prime Saginaw location, 1,505 sq ft.

    Lot size:
    1,505 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,505-square-foot retail and office space is ideally situated at 220 N. Center Road in Saginaw, Michigan, 48638. The property boasts a highly visible corner location at the intersection of Center Road and Gratiot Road (M-46), offering excellent exposure to high traffic volume. The building features a spacious, open showroom area perfect for retail displays or office layouts, complemented by two enclosed offices providing privacy for individual work or meetings. Additional space includes a rear storage/work room and a restroom. The property sits on a generous 4.7-acre lot, zoned RETAIL-OFFICE-DEVELOPMENT-FAST FOOD-MEDICAL-COMMERCIAL, offering significant potential for various business uses. The property is a multi-tenant building with one space currently available. Utilities, telecom/internet costs, and any necessary build-out or renovations are the responsibility of the tenant. This location offers a unique opportunity for businesses seeking a prominent presence in a thriving Saginaw commercial area, adjacent to Tim's Tony's. The APN is cpixax.

    Property Features for 220 Center Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,505 SF
    Total Rate
    1505

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,505 SF
    Rate per SF
    $12

    HighLights

    • 1,505 SF retail/office space at 220 N. Center Rd, Saginaw, MI 48638.
    • High‑visibility corner location at Center & Gratiot Roads (M‑46), high traffic.
    • Spacious showroom, two private offices, storage room, and restroom.
    • 4.7‑acre lot, zoned RETAIL‑OFFICE‑DEVELOPMENT‑FAST FOOD‑MEDICAL‑COMMERCIAL.
    • One available space in multi‑tenant building.
    • Tenant responsible for utilities, telecom/internet, and build‑out.
    Property Profile Location Intelligence

    Current Use by Public Records

    Developing Minds Tutoring Tutoring Service

    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
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.014600274901
    Latitude
    43.416834835717

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    FAQs

    What type of property is this?
    Restaurant - Prime Saginaw location, 1,505 sq ft.
    Where is this restaurant located?
    The property is located at 220 Center Rd Saginaw, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1,505 SF retail/office space at 220 N. Center Rd, Saginaw, MI 48638.; High-visibility corner location at Center & Gratiot Roads (M-46), high traffic.; Spacious showroom, two private offices, storage room, and restroom.
    Request Owner's contact information
    220 Center Rd Saginaw, MI 48638
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    Saginaw, MI 48638
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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
    220 Center Rd Saginaw, MI 48638
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