2558SF Midland Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30852951
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 2,558 SF
Gross Building Area: See Agent
Gross Land Area: 0.33 Acres
Sale Price: $200,000
Unit Price: $78.19 PSF
Ceiling: 9 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Cig Free Vape Shop
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/1/2023

Overview / Comments

Introducing the Midland Building - a prime retail-commercial property for sale in the bustling city of Midland, MI. Located at 415 S Saginaw Rd, this spacious 2,558 SF building offers immense potential for various businesses. Currently operating as the popular Cig Free Vape shop, this property can continue its successful vape business or be easily converted for any other retail use. Its strategic placement on the busy Saginaw Rd ensures high visibility and constant foot traffic, making it an excellent investment opportunity. Featuring a 9 ft ceiling, the Midland Building can be divided into 2-3 separate units, allowing for a multi-tenant setup. With its cash-to-seller sale terms and an attractive $275,000 price tag ($107.51 PSF), this property presents an incredible chance for entrepreneurs and investors alike. Don't miss out on the chance to own this versatile retail-commercial property in Midland. Visit the listing for more information and contact us today to schedule a viewing.

Additional Details

Nearest MSA: Midland
County: Midland
Tax ID/APN: 14-15-80-474
Retail Clientele: General, Business
Property Located Between: Midland / Auburn
Property Visibility: Good
Largest Nearby Street: M-10
Feet of Frontage: 60
Traffic/Vehicle Count: 12,850
Highway Access: M-10
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1942
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Huge parking lot located behind building
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Lot Frontage: 60
Lot Depth: 240
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,491 39,747 49,395
Median Age: 40.19 38.39 38.83
Households: 5,827 16,640 20,302

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