6480 State St Saginaw, MI 48603
This exceptional retail property at 6480 State St, Saginaw, MI 48603, offers 2,500 square feet of commercial space, ideal for a variety of businesses. Built in 1987, the property boasts two single-story buildings situated on a 0.75-acre lot, providing ample space and opportunity. The B-1 zoning permits a wide range of commercial uses. With 50 parking spaces available, customer convenience is ensured. The property features three grade-level doors, maximizing accessibility and visibility, and benefits from 136 feet of frontage on State Street, guaranteeing high traffic exposure. The asking price is $225,000, translating to $90 per square foot. This property presents a unique investment opportunity, with the added possibility of acquiring adjacent properties at 6464 and 6470 State Street for expanded operations. The property's strategic location and significant frontage make it an attractive proposition for businesses seeking high visibility and accessibility in a thriving Saginaw commercial district.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
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.