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- LoopNet Team
5655 Dixie Hwy
Saginaw, MI 48601
Regency Inn · Hospitality Property For Sale · 16,750 SF
Investment Highlights
- Major upside potential for new ownership to increase revenues and KPI’s through dillegent operations.
- 3-unit apartment building located in the rear of the property allows for additional revenue source.
- 10-Unit vacant exterior corridor presents opportunity for storage unit conversion.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1956/2021 |
| Building Class | C | Parking Ratio | 1.73/1,000 SF |
| Lot Size | 1.30 AC | Corridor | Exterior |
| Building Size | 16,750 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 16,750 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1956/2021 |
| Parking Ratio | 1.73/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 5655 Dixie Hwy , Saginaw, MI 48601
The Regency Inn located in Saginaw/Bridgeport, Michigan is a 28-room motel that sits on a 1.3-acre lot. The property includes a vacant 10-room exterior corridor building that is a great candidate for storage unit conversions. Additionally, the Property includes three apartments in the back building, one owner's apartment within the main building, and provides a refrigerator and microwave within the guest rooms. The entrance of the property leads to the indoor lobby in which guests can enjoy snacks from the two vending machines and receive ice for their beverages. Front desk employees may check guests in and out behind the safety of a glass window and counter. The lobby breaks into an east and west wing in which rooms are evenly divided between hallways, there are additional exits at either end.
PROPERTY TAXES
| Parcel Number | 09115092032001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $194,400 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial (Currently Zoned: C3 - Mixed use Behind R3 - Mobile Home Park Next Door - Industrial Master plan - Commercial Could be utilized for Workforce Housing) |
| Commercial (Currently Zoned: C3 - Mixed use Behind R3 - Mobile Home Park Next Door - Industrial Master plan - Commercial Could be utilized for Workforce Housing) |
Learn More About Investing in Hospitality Properties
