State Street–Approx. One Acre with 7,669 SF

Retail-Commercial for Sale
Catylist Listing ID: 30795558
Property Subtypes: Car Wash, Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 7,669 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $675,000
Unit Price: $88.02 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Corner site .2 miles east of Center Road at the corner of State and Anderson Road on the north side. A car wash is currently operating on the east side of the property of approx. 6,139 SF with vacant retail space on the west side of approx. 1,530 SF.
The car wash equipment is not part of the property or sale price. 120' of frontage and 357' deep.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $10,782 (Annual)
Tax Value Land $207,896
Assessed Value - Total($) $246,500 (Annual)

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Saginaw Township
Tax ID/APN: 23-12-4-16-3031-000
Zoning: B-3 COMMUNITY COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Other
Property Located Between: Center and Hemmeter
Property Visibility: Excellent
Largest Nearby Street: Center
Feet of Frontage: 120
Property Condition: Average
Year Built: 1961
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: Community Commercial
Lot Frontage: 120
Lot Depth: 357
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: S 407 FT OF E 120 FT OF SW 1/4 OF SW 1/4 -- 1.15 ACRES SEC 16 T12N R4E

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,087 76,872 118,577
Median Age: 44.17 39.48 37.74
Households: 4,853 32,297 46,963

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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