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    530 Genesee Ave Saginaw, MI 48602

    Sponsored
    For Sale
    $400,000

    Prime Saginaw location, high traffic, versatile space.

    Property size:
    11,410 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 11,100 square foot retail property, located at 530 W Genesee Ave, Saginaw, MI 48602, is available for redevelopment. Built in 1946 and renovated in 2022, this single-story building sits on a 32,234 square foot lot and boasts 100% occupancy. The property features high ceilings, large windows, and ample parking, making it ideal for a variety of uses, including a daycare, retail store, or restaurant. Its prime location at the intersection of State Street and W Genesee Avenue ensures high visibility and accessibility. The asking price is $400,000 ($35.06/sq ft). The property is zoned commercial and is currently operating as a Mattress and Furniture Outlet. This presents a unique opportunity for investors seeking a high-traffic location with significant redevelopment potential in a thriving commercial area of Saginaw. The property's features, including the recently renovated structure and ample parking, contribute to its strong investment potential. This is a chance to acquire a well-positioned asset in a busy commercial corridor.

    Property Features for 530 Genesee Ave

    General Information

    Property type
    Day care centers
    Square Feet
    11,410 SF

    Building Details

    Year Built/Renovated
    1946/2022
    Buildings
    1
    Stories
    1

    HighLights

    • 11,100 SF retail building available for redevelopment at 530 W Genesee Ave, Saginaw, MI 48602.
    • Single‑story building on a 32,234 SF lot, built in 1946, renovated in 2022.
    • 100% occupancy; currently operating as a Mattress and Furniture Outlet.
    • High ceilings, large windows, ample parking.
    • High‑visibility corner location at State St & W Genesee Ave.
    • Asking price: $400,000 ($35.06/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    MATTRESS & FURNITURE OUTLET Mattress Store

    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
    -83.9500315
    Latitude
    43.4355115

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    FAQs

    What type of property is this?
    Day care center - Prime Saginaw location, high traffic, versatile space.
    Where is this day care center located?
    The property is located at 530 Genesee Ave Saginaw, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 11,100 SF retail building available for redevelopment at 530 W Genesee Ave, Saginaw, MI 48602.; Single-story building on a 32,234 SF lot, built in 1946, renovated in 2022.; 100% occupancy; currently operating as a Mattress and Furniture Outlet.
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    Saginaw, MI 48602
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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
    530 Genesee Ave Saginaw, MI 48602
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