Bay Square Shopping Center | ±104,899 SF Value-Add Retail

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.

Description:

For more information visit:
https://rimarketplace.com/auction/3346/retail/saginaw/mi?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=october7_2026&utm_content=retail_3346


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.


Bidding Opens
Oct 06 12:00 AM
Bidding Closes
Oct 08 12:00 AM

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