Catylist ID:
#30646587
5524 S. Saginaw Street 16051SL
Office
for Sale
Sale Pending/Contingent
Catylist Listing ID: | 30646587 |
Property Subtypes: | Office Building |
Status: | Pending/Contingent |
Building Size (RSF): | 2,271 SF |
Gross Building Area: | See Agent |
Gross Land Area: | 0.85 Acres |
Sale Price: | $239,900 |
Unit Price: | $105.64 PSF |
In Opportunity Zone? | Yes |
Property Use Type: | Vacant/Owner-User |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 1/18/2021 |
Overview / Comments
All brick professional building with 1,630 SF on the main floor. Ideal for medical or general office; commercial zoning also allows for retail stores, computer services, daycare, hair salons, banks, photography studio, veterinarians, pet grooming, and more! The main building is two-story with a finished second story and basement. The 630 SF studio building is ideal for client area or meeting room; perfect for rental income. Busy Dort Hwy corridor with 13,200+ Traffic Count and +/-1 mile to I-475 on Hill Road. 2020 Taxable Value $65,737 2019 Winter/2020 Summer Property Taxes $3,749.36 2020 Assessed Value $75,300 (See attached Equalization Information) Property Improvements With an eye toward keeping the unique character and style of the original brick structure built in 1930, with vintage glass window panes and cedar storage closets, the owner has made the following improvements to the property: - Original windows re-glazed, storms installed and caulked - New energy-efficient furnace in the main building in 2019 - New Nest thermostat - New interior, non-florescent lighting fixtures installed - New flue installed in chimney allowing for working gas fireplace in the front office - Ceiling fan in the small conference room - New bathroom installed in the basement - Paint throughout - New Consumer’s meter - Parking lot resurfaced in 2012 ($18,000) - New landscaping and mulch - Trex deck for the studio building |
Attachments & Media
Additional Details
Nearest MSA: | Flint |
County: | Genesee |
Taxing Authority: | Grand Blanc Township |
Tax ID/APN: | 25-12-05-576-005 |
Zoning: | GENERAL COMMERCIAL |
Property Located Between: | Hill and Maple Road |
Property Visibility: | Excellent |
Total Number of Buildings: | 2 |
Number of Stories: | 2 |
Year Built: | 1930 |
Year Renovated: | 2008 |
Roof Type: | Gable |
Parking Type: | Surface |
Zoning Description: | General Commercial |
Lot Frontage: | 132 |
Lot Depth: | 280.5 |
Water Service: | Municipal |
Sewer Type: | Municipal |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 7,237 | 63,041 | 130,439 |
Median Age: | 35.09 | 36.91 | 36.88 |
Households: | 2,977 | 25,878 | 52,806 |
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