3001 Saginaw Rd, Midland, MI 48640-5614
This exceptional 2,430 square foot industrial building, situated on a 0.24-acre lot at 3001 S Saginaw in Midland, MI, presents a remarkable investment opportunity. Currently configured as a Mexican restaurant with a capacity for 80 guests, the property boasts a prime location near Dow, Costco, and downtown Midland, ensuring high visibility and accessibility. Recent renovations include a complete overhaul of the kitchen and bar appliances, a new HVAC system, updated plumbing, a new roof, and fresh paint throughout the building. Two bathrooms cater to both customer and staff needs. The flexible layout allows for diverse uses beyond its current restaurant configuration. Potential buyers could maintain the existing restaurant operation, adapt it for a different culinary concept, or repurpose the space for a variety of retail or other business ventures. The property's strategic location within a thriving community offers significant potential for growth and profitability. A liquor license is available for separate negotiation. This turnkey property is ready for immediate occupancy and presents a rare chance to acquire a well-maintained, high-traffic commercial space in a desirable Midland location.
-
The Taste of Midland Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
RC · Midland, MIMidland. 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.