318 N Michigan Avenue Saginaw, MI ^$ 250,000

318 N Michigan Avenue

^$ 250,000

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318 N Michigan Avenue

Saginaw, MI, 48602

^$ 250,000

Studio Baths0.0 Sq 2,200

Monthly Estimate*

^$ 1,662

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Studio

Commercial Property for sale in Saginaw, MI

for $250,000. This 2,200 square foot building was built in 1951 on a lot size of 0.1.

This property has two retail suites on the ground floor one is rented for $850 and the other one is rented for $700. Second floor has three apartments. Unit 1 is 1 bedroom and is rented for $750, unit 2 is 1 bedroom and is rented for $750, and unit 3 is 2 bedrooms and is rented for $690. Landlord pays water and gas. Tenants pay electricity. Lamar advertising Company pays $3,000 a year for 2 billboards. Improvement includes duro Last roof in 2021. New sump pump and back up. New Paint. New Flooring. New dishwashers. Updated Water System. New hot water heater in one office building and 2 units upstairs. 17 Parking spaces.

Commercial Pending

Price

^$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.1

Year Built

1951

Town/City

Saginaw

County/Region

Saginaw

MLS | Web ID

50136414

Features

General

Water Public Water at Street

Status Pending Pending

Year Built 1951

County Saginaw

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Saginaw

Subdivision MI

Area Saginaw (73039)

Primary City Saginaw

City Saginaw

Street Name Michigan

Financial Terms Cash Conventional

Legal Description 16 0182 00000

DOM 43

Postal Code 48602

Price Per Sq Ft Total 113.64

Coming Soon This property has two retail suites on the ground floor one is rented for $850 and the other one is rented for $700. Second floor has three apartments. Unit 1 is 1 bedroom and is rented for $750

Exterior

Lot Size Area 0.1

Lot Dimensions 63X120

Waterfront Y/N No

* Excluded Features

List By

Sawsan Yassin

Listing Agent

Century 21 Signature Realty

Broker

yassinsawsan@gmail.com

Affordability Calculator

$1,662

Per Month

Monthly Principal & Interest: $1,662
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Saginaw, MI

Average List Price ^$356,140

Percent of Sale Price 42%

About Saginaw, MI

47,234 Population

-24% Since 2002

^$29,308 Median Income

35.05 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2024	$250,000		Listed Price

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318 N Michigan Avenue, Saginaw, MI, 48602 is a Commercial Property for sale at $250,000 with 2,200 sqft and a lot size of 0.1. 318 N Michigan Avenue is a studio with 0.0 baths and was built in 1951. The property's zip code is 48602 which is in Saginaw, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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318 N Michigan Avenue

Commercial Property for sale in Saginaw, MI

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