Bearinger Building – 126 N Franklin, Saginaw MI 48607
An iconic building in Saginaw, located in the center of downtown. It is next to the Huntington Event Park and a block from the Temple Theater and the Dow Event Center that drew 221,449 visitors in 2017. It will share a block with the new Delta College Downtown Saginaw location that proposes bring approximately 1,000 students downtown, starting in the fall semester of 2019. A purchase agreement is currently active as local developers run studies to determine the investment needed to develop the building but no purchase has been finalize.
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Bancroft and Eddy Buildings – 102 and 107 N Washington Avenue Saginaw, MI 48607
Kitty-corner from each other on the most prominent intersection in Downtown Saginaw, Washington and Genesee. Washington Avenue has an average daily traffic count of between 12,000 and 14,000 cars per day.
These two buildings were developed in 2012 and contain first floor retail space and market rate apartments on the top five floors. The apartments are fully occupied bringing a large number of students, hospital employees, and young professionals to downtown. The first level of the Bancroft building houses the Bancroft Crystal Ballroom and Banquet Center; The Gallery, Art for Saginaw; Bourbon Bar; Bancroft Wine and Martini Bar; and, Bancroft Coffee & Tea. Isabella Bank occupies a portion of the first floor of the Eddy Building and another retail space fronting Washington, remains. It is 1,733 SF and has a lease rate of $10/SF/YR. The overall space is broken down into 7 potential office or private rooms, 1 open space area, 1 small bathroom. This space has a front access that is assessable from Washington Avenue and a back entrance that is assessable from the back side of the Eddy Building.
The Bancroft has two spaces available. Both leasing for $10/SF/YR one is 1,319 SF and the other is 5,012 SF. The smaller space is currently a raw white box format with ± 1,319 rentable square feet. This space has a front access that is assessable from Washington Avenue. The larger space is currently a premium white box format with ± 5,012 rentable square feet. This space has a front access that is assessable from Genesee Avenue. Exposed original Terrazzo floors. Oversized windows on the North, West, and South side of space create large exposure to community. Large exposure to both walkable and street side traffic. Leasor and/or tenant improvements are negotiable.
These buildings are central to downtown, close to large employers such as AT&T and Spicer Engineering, Huntington Bank, the new Marketplace development, and will be visible from the new Delta College Downtown Saginaw Campus. They are also just a couple of blocks from the Temple Theater, Huntington Event Park and Dow Event Center that reported hosting 221,449 visitors in 2017.
SVRC Marketplace – 203 S Washington Avenue Saginaw, MI 48607
Opened in May 2018 this indoor/outdoor marketplace is projecting to attach 10,000 visitors weekly. The first floor houses Frankenmuth Credit Union, a Coffee Counter, a restaurant, 31 indoor farmers’ market booths, 8 larger market/food court booths and 72 small retail center booths. Upper floors will hold various businesses including the headquarters of a large construction company and organizations to assist startup businesses with planning and financing tools.
The development still have three larger spaces available on the first floor. All have buildout allowance available to be used on hard costs and lease for $19.30/SF. The spaces available are 400, 605 and 715 SF units.
The parking planned for this development connects to the Saginaw River and Riverwalk. The building is near restaurants, coffee shops and retail establishment as well as large office buildings such as AT&T.
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118 Hamilton Street Saginaw, MI 48602 & 122 Hamilton Street Saginaw, MI 48602
These buildings are located in the Old Town Historic District just one block from the primary commercial corridor, Michigan Avenue. A majority of the restaurants, bars and retail offered in the City of Saginaw is located within this district. The most popular bars in the County are located next door to these buildings. The buildings are located just one block from the County Court House and within close proximity to various Covenant Healthcare Buildings.
The building at 118 Hamilton is completely vacant but has been kept up. The two-story building has 4,000 SF on each floor and is listed for a lease rate of $10/SF per year.
The building at 122 Hamilton is also completely vacant but has been kept up. It is three stories with each floor having 3,333 SF and listed at a lease price of $5/SF per year. This building is on the corner of Hamilton and Hancock.
A developer who is willing to do whatever it takes to bring good businesses to Saginaw owns both of these buildings.
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212 Federal Avenue Saginaw, MI 48607
The most recent tenant Erika’s Flowers, moved around the corner when another location became available. This storefront is right off of Washington Avenue and only one block from Genesee. It is located between a successful restaurant and salon, on the block across from the new marketplace, which will open in June of this year. It is in the center of Downtown near coffee shops, bars, retail shops, office buildings, and is within walk distance from the future location of Delta College’s Downtown Saginaw Campus.
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Read the City of Saginaw Development Guide