1006 Saginaw StDurand, MI 48429
- Commercial real estate
- 1.00 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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