Genessee Building
Retail-Commercial
for Sale
| Catylist Listing ID: |
30808665 |
| Property Subtypes: |
Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
|
| Building Size (RSF): |
14,500 SF
|
| Gross Building Area: |
14,000 SF |
| Gross Land Area: |
36,000 SF
|
| Sale Price: |
$250,000 |
| Unit Price: |
$17.24 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Usable Size (USF): |
14,000 SF |
| Core Factor: |
0.25% |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/7/2023 |
Overview / Comments
Tenant in South 4,000 sf, & North Building, $30,000 annual rent.
14,500 sf. New Insulated Fabric Roof, OH Doors, 15’ Ceiling, Sky Lites.
Paved Parking, Genesse, street side, Front Designed for all windows, Includes: Huge Lot East of Building, out to 4th street. Well Drained, Roof & Floor, Forced Air Heating. Additional land available adjacent.
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Additional Details
| Nearest MSA: |
Saginaw |
| County: |
Saginaw |
| Tax ID/APN: |
10-0229-00000 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other |
| Property Located Between: |
Downtown & M-46 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
E. Genessee Ave. |
| Traffic/Vehicle Count: |
35,000 |
| Highway Access: |
M-46, M-13, M-81 |
| Airports: |
MBS, Bay City, Flint |
| Site Description: |
Huge |
| Area Description: |
Business |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1946 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Exterior Description: |
Clean Block |
| Total Parking Spaces: |
60 |
| Parking Ratio: |
10 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
Paved Parking, Gravel Rear lot. |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Ceiling Units |
| Internet Access: |
Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Fiber Optic, Other |
| Interior Description: |
Clear Span |
| Zoning Description: |
Commercial |
| Lot Frontage: |
120 |
| Lot Depth: |
300 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee simple |
| Legal Description: |
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/31/2023. LOT 3,EXC.N.WLY.44 FT.,LOTS 4 & 5,S.WLY.12 FT.OF LOT 16,N.WLY. 11 FT.OF S.ELY.22 FT.OF LOT 17, S.WLY.13 FT.OFLOT 17,S.WLY.13 FT.OF S.ELY.22 FT.OF LOT 18, BLK.5,GLASBY,GALLAGHER & LITTLES ADDITION
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/31/2023. LOT 16,EXC.W#LY.12 FT.,S#LY.11.0 FT.OF LOT 17,EXC.W#LY. 12 FT.BLK.5,GLASBY GALLAGHER,&LITTLE#S ADDITION.
Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/31/2023. LOT 17,EXC.S.ELY.22 FT.& EXC.S. WLY.13 FT.,S.ELY.22 FT.OF LOT 18,EXC.S.WLY.13 FT.,BLK.5, GLASBY,GALLAGHER & LITTLES ADDITION |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,937 |
65,002 |
103,344 |
| Median Age: |
37.7 |
34.47 |
37.53 |
| Households: |
3,072 |
25,415 |
41,711 |
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