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Multi Unit Commercial- Restaurant 8845 Gratiot Rd 25,168 SF Vacant Retail Building Saginaw, MI 48609 $2,600,000 ($103.31/SF)

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INVESTMENT HIGHLIGHTS

  • Restaurant
  • Axe Throwing, Smash Room, Entertainment
  • Multi Tenant Leasing
  • Resort Class C Liquor License
  • Prime Commercial Area
  • Major Renovations and Upgrades

EXECUTIVE SUMMARY

Now available for Sale or Lease, this newly renovated 25,168 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 $.79 SF/month, with per-suite availability—ideal for both new or 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.
Building is vacant, offering a seamless launch for a new operator. A third suite is ready for buildout, offering space for dining, retail, storefront, warehouse 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 $2,600,000 ($103.31/ 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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Lease Option
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,168 SF
Building Class
B
Year Built/Renovated
1970/2023
Price
$2,600,000
Price Per SF
$103.31
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.55 AC
Zoning
C - Commercial
Parking
193 Spaces (7.67 Spaces per 1,000 SF Leased)
Frontage
217’ on Gratiot Road M-46

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 25,168 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 25,168 SF Retail In-Line Now

1st Floor

Size
25,168 SF
Space Use
Retail
Position
In-Line
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 28123263012000
  • 28123263012001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$740,500
  • Listing ID: 36673866

  • Date on Market: 7/10/2025

  • Last Updated:

  • Address: 8845 Gratiot Rd, Saginaw, MI 48609

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