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: 9/3/2022

Overview / Comments

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.

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

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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

Contact

Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
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