502 N Saginaw Street

Office for Sale
Sale Pending
Catylist Listing ID: 30647066
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 2,688 SF
Gross Land Area: 0.19 Acres
Sale Price: $99,900
Unit Price: $37.17 PSF
Property Use Type: Investment, Business
Usable Size (USF): 2,688 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/26/2021

Overview / Comments

A great location - corner lot with high visibility on a state highway (M52) in the village of St. Charles, which is located in Southwest Saginaw county. This (1,632 sq. ft first floor) brick building has been very well maintained and is in great condition. The building was designed as two office spaces with separate entrances and utilities. The second floor has 1,056 sq. ft. of additional office space., The current long-term tenant is using both spaces on the first floor with a lease of $1,450. per month making this a great investment opportunity. Subject to Tenants Rights.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Saint Charles Village
Tax ID/APN: 24103050302700
Property Visibility: Excellent
Highway Access: M-52
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,688 SF
Year Built: 1960
Year Renovated: 1978
Roof Type: Arched
Construction/Siding: Brick
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 10
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Air Curtain
Internet Access: Cable
Zoning Description: Commercial
Lot Frontage: 62
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,032 4,487 9,868
Median Age: 39.09 42.13 42.99
Households: 847 1,805 3,843


Photograph of Listing Agent

Denise Ebenhoeh

RE/MAX TriCounty CPIX Member
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