Saginaw Riverfront Office

Office for Sale
Sale Pending
Catylist Listing ID: 30820208
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 4,560 SF
Gross Land Area: 0.46 Acres
Sale Price: $210,000
Unit Price: $46.05 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 4,560 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

A well maintained riverfront office built in 1988 that abuts Fresenius Dialysis Clinic.
Functional layout with 3 conference rooms, 7 private offices. 4,560 sf gross building area.
Water views for breakroom, conference room and executive office with receptionist.
Private landscaped yard overlooks the Saginaw River on 0.46 acre lot.

Recent improvements include:
2017 - 28 vehicle parking lot re-surfaced.
2019 - repainted exterior & new awnings
2020 - two (2) HVAC units replaced
2021 - new carpet installed

Tax exempt owner: property assessment and real estate taxes apply the year after purchase.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Saginaw
Tax ID/APN: 15 0578 00400
Zoning: RMU - RIVERFRONT MIXED USE
Property Visibility: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,633 80,290 112,620
Median Age: 32.34 36.23 37.71
Households: 4,704 32,131 46,114

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