Pending
8175 Gratiot Road, Saginaw, MI 48609
$1,900,000
MLS # 50108878 (MiRealSource)
Built 19876.93 acres
1 / 23
Listing 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.
Source: SparkMLS
About this home
Asking $1,900,000.
Electric service is provided by Consumers Energy Company. Broadband is available with download speeds up to 1,000 Mbps from 7 providers.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeIndustrial
Bathrooms0
Lot Size6.93 acres
Year Built1987
Location
CitySaginaw
MunicipalityThomas Twp
Zip Code48609
CountySaginaw
Construction & Systems
ConstructionWood Siding, Other
HeatingForced Air
SewerPublic
Sale & Financing
Listed5/14/2023
Original Price$2,500,000
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Seth Vendelboe
NextHome Greater Tri-cities
Frequently Asked Questions about 8175 Gratiot Road, Saginaw, MI 48609
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 8175 Gratiot Road, Saginaw, MI 48609 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 8175 Gratiot Road, Saginaw, MI 48609 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 8175 Gratiot Road, Saginaw, MI 48609. The maximum advertised download speed is 1.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 8175 Gratiot Road, Saginaw, MI 48609?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Thomas Twp police department or the Saginaw County sheriff's office.
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Monthly payment$12,323
Principal & interest$12,323
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
8175 Gratiot Road, Saginaw, MI 48609
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Municipality
Thomas Township
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