8845 Gratiot Road Saginaw, MI $ 2,600,000
8845 Gratiot Road
$ 2,600,000
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8845 Gratiot Road

Saginaw, MI, 48609
$ 2,600,000
Bedrooms-- Baths-- Sq 25,268

Monthly Estimate*

$ 16,221

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Commercial Property for sale in Saginaw, MI

for $2,600,000. This 25,268 square foot building was built in 1970 on a lot size of 1.88.

Now available for Sale or Lease, this newly renovated 25,268 sq. ft. commercial building offers an exceptional opportunity for restaurant, entertainment, or family-focused businesses in a high-traffic, high-visibility corridor. Flexible leasing options start at $1.26/SF/month, with per-suite availability—ideal for both established operators and growing brands. The property features a dynamic layout with a glass-enclosed conservatory, dual bars, a fully operational kitchen, walk-in coolers/freezer, and private themed gaming rooms. An 8,000+ sq. ft. game room includes axe throwing, a smash room, cornhole, and interactive games—perfect for immersive entertainment concepts. Two suites (restaurant + game room) are operational, offering a seamless launch for a new operator. A third suite is ready for buildout, offering space for dining, retail, or custom use. Located in Thomas Township on Gratiot Road (M-46) with over 15,000 VPD, and surrounded by anchors like Home Depot and Meijer, this site is primed for visibility, growth, and long-term success. Offered for sale at $3,300,000 ($131.19/SF)—a compelling price for an upgraded, income-producing facility. Seller is open to sale or lease—perfect for investors or owner-users looking for a turnkey commercial asset.

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Commercial Active

Price

$ 2,600,000

Property Type

Commercial

Taxes

$ 25,980

Style

BusinessandRealEstate

Lot Size

1.88

Year Built

1970

Town/City

Saginaw

County/Region

Saginaw

MLS | Web ID

20251021845

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Block
Year Built 1970
Levels One
Property Subtype BusinessandRealEstate
Current Use MixedUse Restaurant
Business Type Commercial Mixed Retail
County Saginaw
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions I-75 N/S to M-46 (Gratiot Road) West Building is on the South side of Gratiot
City ThomasTownship_Saginaw
Senior Community Y/N N
High School District SwanValley
Zoning Description Commercial
MLS Area Area73061ThomasTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 25980.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 448400
Expected Active Date 2025-07-29
Legal Description PART OF N 40 ACRES OF THAT PART OF SW1/4 LYING W OF VAN WORMER ROAD COM AT A POINT ON SLY R/W OF M46 HWY 1037.55 FT WLY FROM C/L OF VANWORMER ROAD TH SLY AT RGT ANGLES TO SAID SLY LINE OF M46 HWY 160
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 25268.0
Lot Dimensions Irr. F.195'xL.235'x146'x342'xB.350'xR575'
Lot Size Acres 1.88
Waterfront Y/N N
Road Frontage Type ClassA
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 25268.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 8845
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* Excluded Features
List By
Ashley Andrews

Listing Agent

Exclusive House Of Real Estate

Broker

(810) 845-1154

Phone

Affordability Calculator

$18,386
Per Month
88%
12%
0%
Monthly Principal & Interest
$16,221
Monthly Property Taxes
$2,165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909390 Elementary School
4909556 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$2,600,000 -10.34% Price Down
9/8/2025$2,900,000 -12.12% Price Down
7/29/2025$3,300,000 Listed Price

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8845 Gratiot Road, Saginaw, MI, 48609 is a Commercial Property for sale at $2,600,000 with 25,268 sqft and a lot size of 1.88. 8845 Gratiot Road was built in 1970. The property's zip code is 48609 which is in Saginaw, MI