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Property profile

2336 Michigan Ave Saginaw, MI 48602

OFF-MARKET
Commercial real estate
Property ID
US43-0341404
View Sample
2,108 SF 0.12 ac lot Built 1904
Individually Owned Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity presents a vacant, two-unit retail storefront located at 2336 S Michigan Ave in Saginaw, Michigan. Boasting a substantial 2,108 square feet of space, this property is priced competitively at $34,999, translating to $16.60 per square foot. Built in 1904, the building sits on a 0.122-acre lot and is zoned B-1, offering a range of potential uses. Currently used for storage, this property presents a blank canvas for a savvy investor to capitalize on its prime location on a busy main road. The property's two units provide flexibility for multiple tenants or a single, larger operation. The address is easily accessible and benefits from high visibility, making it an ideal location for a variety of retail businesses. The property's assessed parcel number (APN) is 19 1384 00000. This is a rare chance to acquire a well-situated retail property in a thriving Saginaw location at an attractive price point. Serious inquiries are encouraged to explore the full potential of this promising investment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1904
Total area 2,108 SF
Lot 0.12 ac (5,227 SF)
Zoning code B-1
APN 91-90-1-38-4000-000
UPID US43-0341404

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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
$95k

Owner & transaction history

since 2025
Last sale
$10,000
3 recorded transactions
2025
$30,000
2025
$10,000
2025
$13,000

Zoning & alternative use

B-1 · Saginaw, MI
Zoning description

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…

General category COMMERCIAL

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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