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9264 Saginaw Rd 5,358 SF Retail Building Richville, MI 48758 $350,000 ($65.32/SF)
Executive Summary
Own a piece of Richville's rich history with this remarkable commercial property, a storied 1862 building known as the town’s longest-standing hospitality venue. Originally a trading post, this landmark has since served as a saloon, ice cream parlor, and once thrived as a restaurant. The property comes fully equipped for a 224-person occupancy. Ideal for owners interested in craft distribution. The space is well-equipped with a full kitchen ready for you to make it your own. The two-story restaurant includes two server stations, spacious kitchen facilities, and ample storage. Recent upgrades offer modern efficiency while retaining historic charm: a new roof (2018), three-phase electrical system (2020), dual air conditioning units with warranty (2022/2023), and four new hot water tanks (2024). Security and accessibility are enhanced with an integrated camera and alarm system, phone access, and alerts. The property also includes $20,000 in waterproofing by Dry Mich, office space, and ample storage *Buyer agrees to assume and pay any/and all outstanding municipal charges, assessments, and any delinquent or back taxes related to the property existing at the time of closing*
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,358 SF
Building Class
C
Year Built/Renovated
1862/2018
Price
$350,000
Price Per SF
$65.32
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
1.66 AC
Zoning
C1 - Commercial
Parking
15 Spaces (2.8 Spaces per 1,000 SF Leased)
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 006-500-100-5300-00 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $165,900 (2025) |
Property Taxes
Parcel Number
006-500-100-5300-00
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$165,900 (2025)
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9264 Saginaw Rd
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