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816 Hamilton St Saginaw, MI 48602-1516

OFF-MARKET Commercial real estate Google Maps
6,377 SF 0.55 ac lot Built 1961
Individually Owned Free & Clear
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US43-1075043

Property summary

AI-generated overview

This exceptional commercial property, located at 816 S. Hamilton in Saginaw, Michigan, presents a unique investment opportunity. The single-story, Class B building boasts 6,377 square feet of vacant space, situated on a 0.53-acre lot. Priced at $340,000, this translates to a price per square foot of $53.32. The property's prime location in Saginaw's Old Town ensures high visibility and accessibility. The building itself has been meticulously maintained and updated throughout, offering a move-in ready condition for a variety of commercial uses. Its spacious layout and single-story design provide excellent functionality and flexibility. The property's zoning and potential uses should be verified independently. This is an ideal opportunity for businesses seeking a well-maintained, high-visibility location in a thriving area of Saginaw. The 48602 zip code offers convenient access to local amenities and transportation routes. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. All information is deemed reliable but not guaranteed and should be independently verified.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1961
Total area 6,377 SF
Lot 0.55 ac (23,958 SF)
Zoning code RMU
APN 91-80-1-04-3000-100
UPID US43-1075043

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
2 recorded transactions
2026
$170,000
2016
Price N/A

Zoning & alternative use

RMU · Saginaw, MI

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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