1209 Wadsworth Rd Saginaw, MI 48607
This exceptional mixed-use commercial property in Saginaw, Michigan, presents a unique investment opportunity. Located at 1209 Wadsworth Rd, Saginaw, MI 48607, this property boasts 6,809 square feet on a 26,572 square foot lot, conveniently situated just off the highway exit before downtown. Built in 1987, the single-story building features four units, currently vacant, and is zoned for commercial mixed use. The property includes a fully equipped restaurant space with indoor and outdoor grills, a walk-in cooler, and freezer. Additional units offer potential for various businesses, such as a car wash (with two dock-high doors), a laundromat, or a barbershop/beauty salon. Each unit has separate utilities. The 12-foot ceilings provide ample space, and the large lot offers abundant parking. The asking price is $400,000, with a price per square foot of $58.75. This property is ideal for an investor seeking multiple income streams or an entrepreneur looking to establish a diverse business portfolio in a high-traffic location. The property's strategic location and versatile layout offer significant potential for growth and profitability within Saginaw's thriving business community. The property is for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.