5788 Dixie Ct, Saginaw, MI 48601
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.
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
Similar Nearby for Sale
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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.