1982 Hemmeter Rd Saginaw, MI 48638
Property summary
This exceptional business opportunity presents a remarkable two-story brick building situated on a highly visible corner lot in Saginaw Township, at the intersection of Hemmeter and State Street. The property boasts a substantial 5,616 square feet of space, ideally suited for a variety of commercial ventures. The building's prime location is further enhanced by a digital sign, ensuring maximum visibility and attracting potential customers. The property sits on a 0.32-acre lot, offering ample space and potential for expansion or outdoor use. The building itself is in excellent condition, showcasing meticulous maintenance and attention to detail. The upper level features two rental units, one of which is currently vacant and recently updated, ready for immediate occupancy by a new tenant. The lower level is owner-occupied, demonstrating the property's inherent value and suitability for a thriving business. This turnkey opportunity combines a desirable location, attractive building features, and immediate income potential from the existing rental units, making it an exceptional investment for discerning buyers. The digital signage provides a significant marketing advantage, while the all-brick construction ensures durability and low maintenance. This property represents a rare chance to acquire a well-maintained, high-visibility commercial building in a thriving Saginaw Township location. The combination of a strong location, updated rental units, and the owner-occupied space presents a unique and compelling investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
-
Financial Advisor
-
Photography Service (Bike/Boat/Book/etc) Store
-
Law Firm
Value estimations
Owner & transaction history
Zoning & alternative use
B-1 Neighborhood Business The B-1 Neighborhood Business district is intended to provide a transition between more intensive districts and residential areas, with commercial uses and services that meet the needs of reside…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Saginaw market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Saginaw, MIB-1 Neighborhood Business The B-1 Neighborhood Business district is intended to provide a transition between more intensive districts and residential areas, with commercial uses and services that meet the needs of reside…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Saginaw, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.