MI > Saginaw > Mi
Saginaw, MI 48609,8175 Gratiot Road
Saginaw, MI 48609,8175 Gratiot Road
Saginaw, MI 48609,8175 Gratiot Road
Saginaw, MI 48609,8175 Gratiot Road
Saginaw, MI 48609,8175 Gratiot Road
Saginaw, MI 48609,8175 Gratiot Road
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 1,900,000
Est. payment | /mo

53,726 SqFt

Save
$ 1,900,000
Est. payment | /mo
Save

53,726 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 53,726 sqft

Price per Sqft $35

Subdivision Mi

MLS Listing ID 50108878

Year Built 1987

Annual Tax Amount $33,756

Tax Year 2022

Lot Size 6.930 Acres

Acres 6.93

Lot Dimensions irregular

Property Sub-Type Commercial/Industrial

Property Description

This impressive commercial retail property is an outstanding investment opportunity, featuring a total of 53,726 square feet with long-term tenants occupying the space. With 90% occupancy, this property has a proven track record of success, ensuring a stable source of income for potential investors. The property's recent updates, including a newer front parking lot and roof replacements, ensure that it is well-maintained. With its prime location and desirable features, this commercial retail property is a must-see for any serious investor looking to expand their portfolio. Recent rent increases have raised the cap rate.

Location

State MI

County Saginaw

Area Thomas Twp (73025)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Roof Type Shingles

Building

Water Public Water

Structure Type Other,Wood

Others

Ownership LLC

Financing Cash,Commercial Loan,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by NextHome Greater Tri-cities
Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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8175 Gratiot Road