Retail-Commercial for Sale
Catylist Listing ID: 29585976
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related
Building Size (RSF): 12,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.18 SF
Sale Price: $2,000,000
Unit Price: $161.29 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2019

Overview / Comments

EXCELLENT OPPORTUNITY to locate next to new condo development fronting on the Saginaw River along Hamilton Street. Developers this is your time to shine. Beautifully maintained building. First floor features a showroom and counter for parts sales in front with an overhead door. Rear section is automotive work center. The second floor is a beautifully done 5,000 SF loft apartment.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: City of Saginaw
Tax ID/APN: 16018900000
Market Type: Medium
Retail Clientele: General, Business, Other
Property Located Between: Michigan & Holland
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Michigan Avenue
Transportation: Bus, Highway, Airport, Taxi
Highway Access: I-675 is 3 miles from property.
Site Description: Level topography with paved parking.
Area Description: Old Town Saginaw is becoming the premier area of the City of Saginaw. New developments are happening almost daily.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,200 SF
Property Condition: Average
Year Built: 1896
Year Renovated: 2013
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Well maintained two story building with multiple uses.
Parking Type: Surface
Parking Description: paved
Heat Type: Suspended Radiant Heaters
Heat Source: Baseboard
Air Conditioning: Engineered System
Zoning Description: Lower level front, retail; rear section industrial; upstairs residential.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,358 79,919 115,418
Median Age: 33.02 36.44 37.85
Households: 5,762 32,011 47,198
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