Bay & Pierce

Retail-Commercial for Sale
Catylist Listing ID: 30457785
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 1,910 SF
Gross Building Area: See Agent
Sale Price: $649,000
Unit Price: $339.79 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

Retail site across from Saginaw Valley State University, formerly a successful Sub Shop for 10 years, building has 1,910 sq. ft. on the main floor, and also has a 1,200 square foot basement for storage. Situated at a stop light, which has 20,000 cars a day on a four lane highway which is the main road leading to the college from I-75 expressway. A walk in cooler is also "For Sale" by the former Tenant. Many possible uses for this property.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 18134271009000
Retail Clientele: General, Other
Property Visibility: Excellent
Largest Nearby Street: M-84 Bay Road
Feet of Frontage: 200
Highway Access: M-84 to I-75
Airports: MBS
Site Description: Previously a deli.
Area Description: Across the street from Saginaw Valley University College.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,910 SF
Property Condition: Excellent
Year Built: 1952
Year Renovated: 2005
Roof Type: Hip
Construction/Siding: Brick/Vinyl Siding
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Asphalt
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite, Fiber Optic
Zoning Description: Commercial
Lot Frontage: 200
Lot Depth: 298
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,464 66,646
Median Age: 37.08 38.91
Households: 6,791 26,904


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