FOR SALE! BLOCKS PLAZA SHOPPING CENTER. TRADEMARK 989-792-6400
Shopping Center
for Sale
Also listed as Retail-Commercial, Business Opportunity
| Catylist Listing ID: |
30852114 |
| Property Subtypes: |
Community Center, Neighborhood Center, Net Leased, Power Center, Strip Center, Other
|
| Building Size (RSF): |
38,426 SF
|
| Gross Land Area: |
7.73 Acres
|
| Sale Price: |
$1,795,000 |
| Unit Price: |
$46.71 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Building Name: |
BLOCKS PLAZA |
| Usable Size (USF): |
38,426 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/15/2023 |
Overview / Comments
Unique opportunity to invest in a Saginaw multi-tenant neighborhood retail center. Block's Plaza has a long-standing reputation in the community as a convenient destination for dining, retail, service and community-focused businesses. Currently comprised of 15 rentable suites with only 3 vacancies, the property is comprised of two parcels with two addresses: 30 N. Center & 210 N. Center totaling 7.73 acres of land of which approximately 2 acres is currently vacant and developable. Extensive exterior renovations completed this year include complete exterior refresh consisting of replacing of front overhangs, canopies and soffits and new exterior paint. Three points of ingress/egress on N. Center Road with approximately 600' of frontage with an additional 140' of frontage on Gratiot Road (M-46).
Contact Trademark Commercial Group at 989-792-6400 without delay for more information and to schedule a confidential showing of the property.
|
Additional Details
| Nearest MSA: |
Saginaw |
| County: |
Saginaw |
| Taxing Authority: |
SAGINAW TWP |
| Tax ID/APN: |
cpixtax |
| Zoning: |
COMMERCIAL-RETAIL-OFFICE |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,166 |
65,657 |
106,317 |
| Median Age: |
46.1 |
38.18 |
38.72 |
| Households: |
4,117 |
27,298 |
43,601 |
|
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