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    OFF-MARKET
    Industrial properties

    5788 Dixie Ct, Saginaw, MI 48601

    2,288 SF 2.3 ac lot Built 1925
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,288 square foot industrial property, located at 5788 Dixie in Saginaw, MI, presents a unique investment opportunity. The property encompasses a thriving sports bar situated in a high-traffic area, boasting a loyal clientele and consistently strong service. The bar comfortably seats 71 patrons and offers a menu featuring quality food and beverages. Recent improvements include new shingles (2021) and windows (2024), ensuring the building is well-maintained. An updated upper apartment, renovated in 2017, provides additional income with a proven rental history. Ample parking is available, and the expansive 2.3-acre lot offers significant potential for future expansion. The sale includes an adjacent parcel (09-11-5-09-3047-000), enhancing the overall property size and development possibilities. Outdoor amenities include a deck and a one-car garage. This turnkey operation combines a successful business with substantial real estate value, making it an attractive proposition for discerning investors seeking a blend of immediate income and long-term growth potential in a desirable Saginaw location. The property is priced at $259,900.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1925
    Total area 2,288 SF
    Lot 2.3 ac (100,188 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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