Property summary
This exceptional turnkey restaurant opportunity in Saginaw, Michigan, presents a rare chance to acquire a thriving business. Located at 285 S Outer Dr, this 1,216 square foot eatery, situated on a 0.42-acre lot (APN: 10-12-5-20-1302-001), is currently operating as a successful southern kitchen. The asking price is $104,900 ($86.27 per square foot). The building, which underwent renovations in 2020, boasts a new roof, forced air heating and air conditioning, and a roof-mounted make-up air system. All equipment is included in the sale, representing a significant value-add. This comprehensive inventory includes a walk-in cooler, walk-in freezer, two deep fryers, two ovens, a hot dog roller, ice machine, tables, chairs, a three-compartment slushie machine, two pastry racks, a flat top, a four-burner stove, a surveillance system, and an ice cream freezer. The property benefits from ample on-site parking and is zoned B-1. This is a fully operational restaurant ready for immediate ownership, offering a strong return on investment for the right buyer. The property's prime location in Saginaw, Michigan, ensures high visibility and accessibility for customers. This is a fantastic opportunity for an experienced restaurateur or a first-time business owner looking to enter the market with a fully equipped and established operation.
Property profile
VerifiedCap rate & NOI
Current use
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Wedding Service Bakery
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-1 COM · Saginaw, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for B-1 COM in Saginaw, MI.
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