For Auction
Bay Square Shopping Center | ±104,899 SF Value-Add Retail
Saginaw, MI 48603Represented by
AQRE Advisors
Asset Snapshot
Offering Summary
Investment Highlights
- Below-Replacement-Cost Acquisition Basis: Large-format vacant retail improvements offer a meaningful discount to new construction costs.
- Massive ±104,899 SF Retail Footprint: Single-story shopping center sits on a sprawling ±8.85-acre site with ample paved parking.
- Fully Vacant, Fully Flexible for Reuse: No tenant obligations let a buyer renovate, subdivide, or redevelop entirely on their terms.
- High-Traffic Bay Road Retail Corridor: ±22,307 vehicles pass daily on Bay Road, Saginaw's primary established retail corridor.
- Flexible B-3 Zoning Unlocks Many Uses: Zoning supports medical conversion, entertainment, fitness, self-storage, or lease-up plans.
- Deep Trade Area Supports Retail Demand: Over 104,000 residents and $79,187 average household income sit within a 5-mile radius.
Offering Summary
Brokered by AQRE Advisors and powered by RealINSIGHT Marketplace, Bay Square is a ±104,899-square-foot, fully vacant multi-tenant retail center on ±8.85 acres at 2865–2885 Bay Rd in Saginaw, Michigan. Originally built in 1962 and renovated in 2010, the single-story center carries no tenant obligations, giving a buyer complete flexibility to renovate, subdivide, reposition, or redevelop the improvements for lease-up, medical conversion, entertainment, fitness, self-storage, or other commercial uses subject to approval. The property fronts Bay Road, one of Saginaw's primary retail corridors carrying ±22,307 vehicles per day, surrounded by national retailers, restaurants, and dense residential neighborhoods, with more than 104,000 residents and $79,187 average household income within five miles. Zoned B-3 with $15,907 in annual property taxes, Bay Square offers investors a rare opportunity to acquire scale in the Great Lakes Bay Region well below replacement cost through a transparent, competitive bidding process.Due Diligence
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
