2,300 SF Office Building

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30539931
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 2,304 SF
Gross Building Area: See Agent
Gross Land Area: 0.32 Acres
Sale Price: $149,000
Unit Price: $64.67 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Shields Chiropractic
Class of Space: Class C
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/19/2021

Overview / Comments

Former Chiropractic Clinic located at Swanson on Gratiot one mile west of M-47. Great corner location for easy access. Newer roof and HVAC units. Additional parking is available from the adjacent property to the west–approx. 20 spaces. Floor plan is designed with several small exam rooms (approx. 11), reception area and offices as well as an open area. Great opportunity for exposure of any business on this high traffic corridor. Reduced from $195,000.


Finance Data Year 2021
Real Estate Taxes - Annual($) $4,986 (Annual)
Tax Value Land $92,375
Assessed Value - Total($) $93,100 (Annual)

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Thomas Township
Tax ID/APN: 28-12-3-25-4024-000
Zoning: B-3
Property Visibility: Excellent
Typical SF / Floor: 2,304 SF
Year Built: 1960
Year Renovated: 2001
Roof Type: Gable
Parking Type: Surface
Parking Description: Parking around the building as well as 20 rented spaces to the west.
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: B-3 Corridor Business District
Lot Frontage: 85
Lot Depth: 166
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: COM AT A PT 1324.04 FT W FROM E 1/4 CORN TH S 330 FT TH W 92.20 FT TH N 279.94 FT TO SLY R/W OF GRATIOT RD TH E 0.50 FT TH N 50.01 FT TH E 85 FT TO POB EXC S 165 FT THEREOF 0.33 ACRE SEC 25 T12N R3E

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,670 34,980 86,543
Median Age: 44.65 43.78 40.3
Households: 1,430 15,372 36,196


Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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