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 |
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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