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User-Ready Flexible Commercial Opportunity 3307 Davenport Ave 1,114 SF Vacant Retail Building Online Auction Sale Saginaw, MI 48602
Investment Highlights
- 3307 Davenport Avenue presents a freestanding retail storefront building spanning 1,114 square feet on a 0.4-acre parcel zoned Commercial.
- Delivered vacant to the market, presenting immediate upside for a user to move in and begin operating a business that is community-driven.
- Michigan boasts a low 6% corporate income tax, a diverse talent pool, and convenient proximity to major markets, an ideal investment landscape.
- Highly visible and easily accessible at the corner intersection location of Davenport Avenue and N Morson Street, visible to more than 15,400 VPD.
- Per Michigan's Economic Development, the state is very business-friendly with a competitive tax structure, robust economy, and development incentive
- Minutes from the city center and nestled among national retailers such as Kroger, Walmart Supercenter, Walgreens, Chipotle, and Jimmy John’s.
Executive Summary
Retained exclusively by ownership, Cresa presents 3307 Davenport Avenue, a 1,114-square-foot freestanding commercial building, prominently located at the corner of the four-way intersection of Davenport Avenue and N Morson Street in Saginaw, Michigan.
3307 Davenport Avenue was a former locksmith retail building and features large glass display windows and a roll-up door leading to a 650-square-foot garage. The building is equipped to support prominent building signage, which will be visible to more than 15,400 daily passing vehicles at the intersection location. The building is shadow-anchored by a 95-key Ramada by Wyndham, further driving traffic and visibility. Additionally, numerous locally owned, internet-resistant establishments line Davenport Avenue, along with big-name grocery stores and quick-service restaurants.
Saginaw is known as a healthcare hub in central Michigan, being home to Covenant Medical Center (2 miles), MyMichigan Medical Center (3.5 miles), Ascension St. Mary’s Towne Center ER (4 miles), and Central Michigan University’s College of Medicine (2 miles). Saginaw is also home to MBS International Airport, located about 14 miles north of the city, and the subject property is served by Delta and United, offering daily flights to cities such as Chicago and Detroit.
Population trends in the Saginaw metropolitan area have been characterized by long-term stabilization following decades of industrial restructuring. Household incomes generally trail national benchmarks, consistent with the metro's industrial profile and wage growth. Educational institutions provide workforce training in healthcare, engineering, and skilled trades, helping align labor supply with the needs of legacy and emerging industries.
Property tours are by appointment only. Please contact the listing broker to schedule.
3307 Davenport Avenue was a former locksmith retail building and features large glass display windows and a roll-up door leading to a 650-square-foot garage. The building is equipped to support prominent building signage, which will be visible to more than 15,400 daily passing vehicles at the intersection location. The building is shadow-anchored by a 95-key Ramada by Wyndham, further driving traffic and visibility. Additionally, numerous locally owned, internet-resistant establishments line Davenport Avenue, along with big-name grocery stores and quick-service restaurants.
Saginaw is known as a healthcare hub in central Michigan, being home to Covenant Medical Center (2 miles), MyMichigan Medical Center (3.5 miles), Ascension St. Mary’s Towne Center ER (4 miles), and Central Michigan University’s College of Medicine (2 miles). Saginaw is also home to MBS International Airport, located about 14 miles north of the city, and the subject property is served by Delta and United, offering daily flights to cities such as Chicago and Detroit.
Population trends in the Saginaw metropolitan area have been characterized by long-term stabilization following decades of industrial restructuring. Household incomes generally trail national benchmarks, consistent with the metro's industrial profile and wage growth. Educational institutions provide workforce training in healthcare, engineering, and skilled trades, helping align labor supply with the needs of legacy and emerging industries.
Property tours are by appointment only. Please contact the listing broker to schedule.
Data Room Click Here to Access
- Purchase Agreement
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,114 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.40 AC
Parcel Number
91300536000100
Zoning
C-1 - Commercial
Parking
26 Spaces (23.34 Spaces per 1,000 SF Leased)
Frontage
200’ on Davenport Ave
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
11,875
67,764
105,379
2020 Population
13,154
69,838
106,397
2030 Population
11,508
66,874
104,502
2025-2030 Projected Population Growth
-3.1%
-1.3%
-0.8%
Daytime Employees
3,278
46,378
65,547
Total Businesses
682
5,443
7,235
Average Household Income
$74,579
$75,840
$72,116
Median Household Income
$56,283
$54,956
$51,389
Total Consumer Spending
$128.5M
$738.6M
$1.1B
Median Age
40.5
39.5
39.3
2025 Households
5,137
29,355
44,703
Percent College Degree or Above
12%
14%
13%
Average Home Value
$120,493
$155,587
$155,609
$ values in USD
Nearby Major Retailers
Sale Advisors
Sale Advisors
Skyler Peppo, Advisor
Skyler works with national retailers to optimize their real estate portfolios through strategic management, with experience across dispositions, restructuring, and market expansion.
Marcus Cook, Managing Principal
Marcus Cook is a recognized expert in the commercial real estate industry, with a strong focus on retail properties as well as portfolio management within the industrial and flex sector. With over two decades of experience, Marcus is known for delivering customized real estate solutions that maximize value for retail brands, investors, and developers. He has also played a pivotal role in startup retail brand expansion, global portfolio management, and guiding existing and emerging businesses through strategic site selection and leasing solutions to scale their operations effectively.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Marlo Lashley
Contact
Auctioneer License:
Ten-X, LLC Arlene Richardson RE Brkr 6505431586
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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User-Ready Flexible Commercial Opportunity | 3307 Davenport Ave
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