Equipped Club Ready to
1714 Saginaw St Flint, MI 48503
1714 Saginaw St, Flint, MI, 48503
Contact for pricing
For Sale
Contact for pricing
Fully equipped club, ready for immediate operation and new ownership.
Property Size3,650 SF
Price / SF$216.41
Days on Market676
Property Features for 1714 Saginaw St
General Information
- Standard status
- Active
- Size
- 3,650 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1952
Listing Agency
MBA Real Estate Services
(248) 620-8660
Listed by
Christopher Mersino · License #353012
Source
Crexi
Added: Sep 13, 2024 Checked: Jul 20 at 3:23 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 MBA Real Estate Services
Investment Insights
Based on property information with market context.
This 3,650-square-foot property is fully equipped and ready to operate as a strip club, burlesque, bar, club, or gentlemen's club. The property comes fully furnished, including lighting, smoke machines, DJ equipment, and a stocked bar. A new roof was installed in 2022, and all new mechanical systems were installed in 2021. The property has been inspected by Consumer's Energy for energy efficiency. Security is provided by 36 cameras, and on-site parking is available for clients. The property is zoned CC and is located approximately one mile from I-69.
Key Highlights
- Fully equipped and furnished for immediate operation as a club/bar.
- Located 1 mile from I‑69, providing easy access for potential customers.
- New roof (2022) and mechanicals (2021).
Local Financial Insights For Specialty 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 | $52.6k | $14.40 |
| − Vacancy | −$9.4k | −$2.58 |
| EGI | $43.2k | $11.82 |
| − OpEx | −$10.8k | −$2.96 |
| NOI | $32.4k | $8.87 |
3,650 SF · lease $14.40/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$462.3K
$404.6K – $539.4K
NOI $32,364 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$768.1K
$672.1K – $896.1K
NOI $53,764 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Night clubs
Similar For Sale Nearby
Similar Off Market Nearby
- The Good Beans Cafe — 328 N Grand Traverse St, Flint, MI 48503
- Simmer Rooftop Lounge — 352 Saginaw St, Flint, MI 48502
- Golden Leaf Club — 1522 Harrison St, Flint, MI 48503
- Cork on Saginaw — 635 Saginaw St, Flint, MI 48502
- Arrowhead Vets Club — 402 W Water St, Flint, MI 48503
FAQs
What type of property is this?
Night club - Fully equipped club, ready for immediate operation and new ownership.
Where is this night club located?
The property is located at 1714 Saginaw St Flint, MI.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: Fully equipped and furnished for immediate operation as a club/bar.; Located 1 mile from I‑69, providing easy access for potential customers.; New roof (2022) and mechanicals (2021).
