Property summary
This exceptional 14,600-square-foot retail space, formerly a Rite Aid, presents a unique investment opportunity in Saginaw, Michigan. Situated on a highly visible 3.6-acre corner lot at 1470 Tittabawassee Rd, 48604, this single-tenant building boasts convenient access to major thoroughfares, including I-675, and benefits from a traffic signal at the intersection. Built in 2007, the property features a spacious single-story building with high ceilings and ample parking (50 spaces). The building is fully vacant and ready for immediate occupancy. Key features include a drive-thru window, a comprehensive fire suppression system, and significant potential for expansion given the generous land area. The property's excellent location and substantial size make it ideal for a variety of retail or medical uses. The well-maintained structure offers immediate usability, minimizing upfront renovation costs. This is a rare opportunity to acquire a substantial retail property in a high-traffic area of Saginaw County. The property's strategic location and existing infrastructure make it an attractive option for businesses seeking high visibility and easy accessibility. Don't miss this chance to secure a prime commercial space in a thriving Michigan market.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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(Bike/Boat/Book/etc) Store
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Bank Credit Union
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Atm
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
B-2 General Business The B-2 General Business district is intended to permit a wider range of business and entertainment activities than those permitted in the B-1 district. The permitted uses are intended to provide bus…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Saginaw, MIB-2 General Business The B-2 General Business district is intended to permit a wider range of business and entertainment activities than those permitted in the B-1 district. The permitted uses are intended to provide bus…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
B-2 General Business The B-2 General Business district is intended to permit a wider range of business and entertainment activities than those permitted in the B-1 district. The permitted uses are intended to provide bus…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Saginaw, MI.
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