1006 Saginaw StDurand, MI 48429

  • Commercial real estate
  • 1.00 AC
For Sale
$275,000 View listing

Property Details for 1006 Saginaw St

Lot size
1.00 AC
Property type
Commercial real estate
APN
012-46-070-000
APU
1246070000

Description

This exceptional 14,479 square foot, single-tenant entertainment center presents a unique investment opportunity. Built in 1949 and situated on a sizable lot with ample parking, this property boasts a diverse range of attractions including a full-service restaurant and bar, bowling lanes, escape rooms, and an axe-throwing area. The property also features a unique "football bowling" attraction. The building is zoned M-1 and is conveniently located at the main entrance to Durand public schools, surrounded by residential neighborhoods. Its strategic position offers easy access from Lansing Road and East Main Street, the two primary thoroughfares in Durand, and proximity to a highway interchange ensures high visibility and accessibility for patrons. The single-story building presents a turnkey operation with established amenities, making it an ideal acquisition for an experienced operator seeking to expand their portfolio or an entrepreneur looking to enter the family entertainment market. The property's APN is 012-01-200-055, located in Shiawassee County. This is a rare opportunity to acquire a well-established and diverse entertainment center in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,535,336
    Hospitality
    $7,818,322
    Educational
    $6,504,752
    Medical
    $6,728,460
    Retail
    $10,118,503
1006 Saginaw St, Durand, Michigan

Location Insight

City
Durand
County
Shiawassee
State
Michigan
Latitude
42.912
Longitude
-83.9845
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
-
-
-
-
-
-
-

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