Professional Arts Center

Office for Sale
Catylist Listing ID: 30820660
Property Subtypes: Office Building
Building Status: Proposed
Building Size (RSF): 28,812 SF
Gross Building Area: See Agent
Gross Land Area: 3.55 Acres
Sale Price: $1,700,000
Unit Price: $59 PSF
Property Use Type: Investment, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2023

Overview / Comments

Prime Re-Development or investment opportunity!
3 buildings on large lot with ample parking.
Leases are month to month
90 % leased with recent rent increases, owner to supply in near future

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 23-12-4-17-4026-000
Highway Access: State Street
Total Number of Buildings: 3
Number of Stories: 2
Year Built: 1957
Year Renovated: 1974
Construction/Siding: Brick
Parking Type: Surface
Zoning Description: B-2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,338 72,740 110,776
Median Age: 45.22 39.6 37.77
Households: 4,105 30,630 43,816
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