Catylist ID:
#30761937
AWESOME INVESTMENT FOR SALE: BAY PLAZA.TRADEMARK 989-792-6400
Shopping Center
for Sale
Also listed as Retail-Commercial, Business Opportunity
| Catylist Listing ID: | 30761937 |
| Property Subtypes: | Community Center, Fashion/Specialty, Mixed Use, Neighborhood Center, Net Leased, Outlet Center, Power Center, Strip Center, Other |
| Building Size (RSF): | 52,660 SF |
| Gross Land Area: | 4.32 Acres |
| Sale Price: | See Agent |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Building Name: | BAY PLAZA - ACROSS FROM FASHION SQUARE MALL |
| Usable Size (USF): | 52,660 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/31/2023 |
Overview / Comments
|
BAY PLAZA FOR SALE!! LOCATED ACROSS FROM THE FASHION SQUARE MALL IN SAGINAW TOWNSHIP! NEAR THE CORNER OF BAY AND TITTABAWASSEE- AND CLOSE TO I-675 INTERCHANGE! * Investment property! * Few vacancies. Smaller units so easier to lease up when they become available. *Recent exterior renovation and facade makeover *Asphalt improvements over the years with seal coat and striping *Multiple Roof Top HVAC units replacements *Upside potential with front 7000 SF available or large National user or ability to split into 3-4 units for smaller leasing. *Average HH income is 460,116.54 in a 1 mile radius, $57,363.07 in a 3 mile radius, $5,300.81 in a 5 mile radius. *Population: 95,497 within a 5 mile radius *52,660 SF total *4.316 Acres / 258' frontage x 561' depth *Originally built in 1973/1976 with multiple upgrades, most recently from 2013-2022 Taxes: Summer 2022: : $28,487.51 / Winter 2022: $11,884.68 Call TRADEMARK COMMERCIAL 989-792-6400 FOR ALL THE DETAILS INCLUDING AN OFFERING MEMORANDUM WITH YOUR CA EXECUTED. |
Additional Details
| Nearest MSA: | Saginaw |
| County: | Saginaw |
| Taxing Authority: | SAGINAW TOWNSHIP |
| Tax ID/APN: | CPIXTAX |
| Zoning: | COMMERCIAL-RETAIL-OFFICE-RESTAURANT |
| Property Visibility: | Excellent |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Roof Type: | Flat |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,096 | 49,284 | 107,304 |
| Median Age: | 32.89 | 37.98 | 37.95 |
| Households: | 1,018 | 19,477 | 43,194 |
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