8845 Gratiot Road
Saginaw, MI, 48609 $ 2,600,000
Bedrooms-- Baths-- Sq 25,268 Monthly Estimate*
$ 16,221
for $2,600,000. This 25,268 square foot building was built 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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FeaturesGeneralHeating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
County Saginaw
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Corporation
Municipality Thomas Twp
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Thomas Twp (73025)
Primary City Saginaw
Directions I-75 N/S to M-46 (Gratiot Road) West Building is on the South side of Gratiot
City Saginaw
Financial Terms Cash Conventional
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
DOM 127
Postal Code 48609
Price Per Sq Ft Total AG 102.9
Public Remarks 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
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ExteriorFrontage 195
Lot Size Area 1.88
Lot Dimensions Irr. F.195'xL.235'x146'x3
Roads Class A
Waterfront Y/N No
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* Excluded FeaturesList ByAshley AndrewsListing Agent
Exclusive House Of Real EstateBroker
ashleya@andrewsprop.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Saginaw, MI
Average List Price $322,852
Percent of Sale Price 88%
About Saginaw, MI 47,234 Population
-24% Since 2002
$ 29,308 Median Income
35.05 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 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 |