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    4880 Gratiot Rd Saginaw, MI 48638

    Sponsored
    For Sale
    $525,000

    Established Saginaw bar/restaurant, high cash flow.

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving Saginaw bar and restaurant, located at 4880 Gratiot Rd, is offered for sale at $525,000. Established in 2006, this 2,400 square foot, single-story building boasts a 100% occupancy rate as of April 3, 2023. Operating under a NNN lease, this single-unit business offers a strong net operating income (NOI) of $191,000, translating to a compelling 15% cap rate and a price per square foot of $218.75. The business is well-known in the Saginaw area for its family-friendly atmosphere, extensive menu, and diverse beverage selection. This turnkey opportunity presents a significant investment potential for an owner/user. The sale includes the business only; real estate is not included. The property is situated in Saginaw County, Michigan, zip code 48638. This is a rare chance to acquire a profitable, established business with a proven track record in a desirable location. The business is currently operating at full capacity, offering immediate returns for the new owner. Serious inquiries only.

    Property Features for 4880 Gratiot Rd

    General Information

    Property type
    Restaurants
    Square Feet
    2,400 SF

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $525,000 asking price for a turnkey bar and restaurant business.
    • 2,400 square feet, located at 4880 Gratiot Rd, Saginaw, MI 48638.
    • Strong cash flow with a 15% cap rate and $191,000 NOI.
    • 100% occupancy since April 3, 2023.
    • Built in 2006, this single‑story, single‑unit business is offered for sale by owner.
    • NNN lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Caterer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.012779397749
    Latitude
    43.416102428258

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    FAQs

    What type of property is this?
    Restaurant - Established Saginaw bar/restaurant, high cash flow.
    Where is this restaurant located?
    The property is located at 4880 Gratiot Rd Saginaw, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price for a turnkey bar and restaurant business.; 2,400 square feet, located at 4880 Gratiot Rd, Saginaw, MI 48638.; Strong cash flow with a 15% cap rate and $191,000 NOI.
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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
    4880 Gratiot Rd Saginaw, MI 48638
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