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    OFF-MARKET
    Retail properties & Spaces

    4884 Gratiot Rd, Saginaw, MI 48638

    Property ID
    Property summary
    AI-generated overview

    This 1,200 square foot commercial space, located in the bustling Gratiot Place shopping center at the corner of Gratiot Road and Center Road in Saginaw County, presents a unique opportunity for a variety of businesses. Currently configured as a hair salon, the space boasts a flexible, open layout easily adaptable to various uses. Its previous life as a retail clothing store highlights its adaptability for retail ventures. The space is easily convertible back to retail or readily suitable for general office use. Key features include a restroom located at the rear of the building, a kitchenette, and readily available water and plumbing throughout the open area. The property is offered as a single-tenant space. While previously used as a hair salon, the existing salon equipment and furnishings are not included in the lease. This prime location within a busy shopping center offers excellent visibility and accessibility, making it an ideal space for a business seeking a high-traffic area. The space's versatility and convenient amenities make it a compelling option for entrepreneurs and businesses seeking a functional and adaptable space in a thriving commercial area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    Current use
    Occupant on record · Public records
    • Back In Motion Rehab LLC Physician
    • Emil Rummel Insurance Agency Inc Insurance Agency
    • Carolanne Killmer School of Dance Training Center
    • A Place for Grace Child Care Daycare Center Foster Care Service
    • A Place For Grace - Teen Center Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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