8175 Gratiot Saginaw, MI $ 2,000,000
8175 Gratiot
$ 2,000,000
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8175 Gratiot

Saginaw, MI, 48609
$ 2,000,000
Baths0.0 Sq 53,726

Monthly Estimate*

$ 13,293

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Studio

Commercial Property for sale in Saginaw, MI

for $2,000,000. This 53,726 square foot building was built in 1987 on a lot size of 6.93.

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.

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Commercial Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 33,755

Style

Lot Size

6.93

Year Built

1987

Town/City

Saginaw

County/Region

Saginaw

MLS | Web ID

61050108878

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air Central Air
Rent Includes Yard Maintenance Snow Removal Other
Zoning Commercial
Year Built 1987
Property Type Commercial
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Other Wood
Cumulative Days on Market 387
MLS Area Thomas Twp
City Thomas Twp
Terms Offered Cash Conventional Other
School District Swan Valley
Land Contract 0
Ownership Status Corporate/Relocation Short Sale - No
Street Name Gratiot
Total Sq Ft 53726
DOM 387
Taxes 33756.7100
Legal Description W 126 FT OF E 957 FT OF N 350 FT OF N1/2 OF SE1/4 ALSO N 250 FT OF W 195 FT OF E 1152 FT OF N 1/2 OF SE 1/4 2.13 ACRES SEC 26 T12N R3E N 350 FT OF W 125 FT OF E 831 FT OF N 1/2 OF SE 1/4 1.0 ACRE S
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Exterior
Waterfront 0
Lot Size Area 6.93
Water Source Public (Municipal)
Lot Size Dimensions irregular
Roof Material Shingle
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Internal Only
Originating MLS Saginaw Board of REALTORS®
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* Excluded Features
List By
Seth Vendelboe

Listing Agent

Nexthome Greater Tri-Cities

Broker

(989) 737-4907

Phone

Affordability Calculator

$16,106
Per Month
83%
17%
0%
Monthly Principal & Interest
$13,293
Monthly Property Taxes
$2,813
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1589897 Elementary School
1589898 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$2,000,000 -11.11% Price Down
9/8/2023$2,250,000 -10.00% Price Down
5/15/2023$2,500,000 Listed Price

Map


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8175 Gratiot, Saginaw, MI, 48609 is a Commercial Property for sale at $2,000,000 with 53,726 sqft and a lot size of 6.93. 8175 Gratiot is a studio with 0.0 baths and was built in 1987. The property's zip code is 48609 which is in Saginaw, MI