300 Saginaw St, Durand, MI 48429-1237
This exceptional 592-square-foot vacant storefront, located at 300 N Saginaw St in Durand, Michigan, presents a unique investment opportunity. Built in 1972, this free-standing retail/office building sits on a 0.37-acre lot and is ideally situated on the corner of Saginaw St and Genessee St, offering excellent visibility and accessibility. The asking price is $79,900, translating to $134.97 per square foot. Previously a bank, the property boasts a remodeled interior and a substantial drive-thru canopy, adding significant value and potential for various uses. The building features a large parking lot with multiple convenient entry and exit points, ensuring ample parking for customers and employees. Its location within walking distance of the surrounding neighborhood provides easy access to a built-in customer base. This versatile space is perfect for a small office, studio, coffee shop, or similar business seeking a high-traffic location in a thriving community. The property's single unit and vacant status offer immediate occupancy, allowing for quick setup and operation. The property's address is 48429, Shiawassee County, Michigan.
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Thrifty Dollar Store Discount Store
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ATM (Ed's Standard Services) Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-O · Durand, MIDurand. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.