Pending
8175 Gratiot Road, Saginaw, MI 48609
$1,900,000
0 bathsBuilt 19876.93 acres
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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.
Price & Status History
May 15, 2023MLS #50108878
Listed for sale
$1,900,000
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| Pending | $1,900,000 | — | May 15, 2023 | — | MiReal | View → |
Property Details
Property TypeCommercial SaleBathrooms0Lot Size6.93 acresYear Built1987CitySaginawMunicipalityThomas TwpZip Code48609
Listed by Seth Vendelboe
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