980 Saginaw Hwy, Grand Ledge, MI 48837-9419
This exceptional commercial property, located at 980 E Saginaw Hwy in Grand Ledge, Michigan, presents a unique investment opportunity. The single-tenant building, totaling 4,007 square feet, sits on a sizable 4.24-acre lot and boasts excellent visibility and accessibility from the busy East Saginaw Highway. Built in 1997, the one-story structure previously housed a Wendy's restaurant and includes a drive-thru. The property also features a substantial 1,809 square foot storage building, adding significant versatility. With 55 total parking spaces, ample room is available for customers and employees. The B-1 zoning allows for a variety of retail and restaurant uses. The property's location within a prominent retail corridor, surrounded by national tenants, ensures high traffic and strong potential for success. The property's APN is 400-013-100-070-00, and it is situated in Eaton County, Michigan, zip code 48837. This is a rare chance to acquire a well-located, established commercial property with significant potential for growth and return on investment. The entire building is currently vacant, offering immediate occupancy for a new tenant or business owner. The property's size and features make it ideal for a variety of commercial uses, providing flexibility for potential buyers. The combination of high visibility, ample parking, and a strategic location makes this an attractive proposition for discerning investors seeking a strong foothold in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Grand Ledge, MIGrand Ledge. 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.