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415 S Michigan Avenue, Saginaw City, MI 48602

Saginaw County

Key Facts

1,875Sq Ft
1969Year Built
0.22Lot (acres)

Description

This is a rare opportunity to own a high-visibility commercial property at a very busy intersection - the corner of M-46 and Michigan Avenue. Formerly operating as the Neutral Zone Bar, this 1,875 square foot building is ideally suited for a bar, restaurant, or retail use. The property includes a full commercial kitchen (currently in need of some TLC), a spacious interior layout, and plenty of potential to bring your business vision to life. An additional 1,455 square foot storage building on the premises offers flexibility for inventory, prep space, or conversion to auxiliary business use. Note: Liquor license is not included in the sale. Real estate only.

Property Information

Property Type

Commercial Sale

Year Built

1969

Living Area

1,875 sq ft

Lot Size

0.22 acres

Lot Dimensions

9600

MLS® Listing#

61050183218

Property Features

Cooling

None

Heating

None

Sewer

Shared Septic

Water Source

Public

Financial Details

Assessed Value

$47,740

Parcel Number

17019200000

Affordability Calculator

$35,000

Estimated monthly payment

$931/mo

Principal $140,000 · Est. interest $195,312 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Saginaw City, MI

$237,048
Median Listing Price
55
Median Days on Market
1,500
Median Sq Ft
$138
Median Price / Sq Ft
13,835
Active Listings
  • This home’s price is 26% below the area median.
  • Its price per sq ft is 32% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Saginaw City, MI.

Location

  • 415 S Michigan Avenue, Saginaw City, MI 48602

Getting Around

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Points of Interest in Saginaw City, MI

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Nearby Schools

  • Holy Cross Lutheran School

    School · 0.2 mi away

  • Arthur Hill High School

    Secondary · 0.3 mi away

  • Jerome Elementary School

    Elementary · 0.7 mi away

  • Handley Elementary School

    Elementary · 0.8 mi away

  • Willie Thompson Middle School

    School · 0.8 mi away

  • Herig Elementary School

    Elementary · 0.9 mi away

  • Jessie Rouse Elementary School

    Elementary · 1.0 mi away

  • Michigan Lutheran Seminary

    School · 1.0 mi away

  • Francis Reh Academy

    School · 1.2 mi away

  • Chester Miller Elementary School

    Elementary · 1.3 mi away

  • St Stephen Elementary School

    Elementary · 1.3 mi away

  • St Pauls Lutheran School

    School · 1.5 mi away

  • Longfellow Elementary School

    Elementary · 1.5 mi away

  • Thompson Middle School

    Secondary · 1.5 mi away

  • Merrill Park Elementary School

    Elementary · 1.5 mi away

  • Arthur Hill High School

    Secondary · 1.6 mi away

  • Stone Elementary School

    Elementary · 1.6 mi away

  • Webber Middle School

    School · 1.6 mi away

  • Saginaw Etc English Program

    School · 1.8 mi away

  • Kempton Elementary School

    Elementary · 1.8 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Saginaw City

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Listing Courtesy: The Miller Group - 9897900767

IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2026 Realcomp II Ltd. Shareholders.
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SaginawBoardofREALTORS. MLS® Listing#61050183218. © 2026EXIT Realty®. All rights reserved.