Property profile

4884 Gratiot Rd Saginaw, MI 48638

OFF-MARKET
Retail properties & Spaces
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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

Current use

Occupant on record · Public records
  • Physician
  • Insurance Agency
  • Training Center
  • Daycare Center Foster Care Service
  • Daycare Center

Location

4884 Gratiot Rd Saginaw, MI 48638
Saginaw metro
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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
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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