Industrial Real Estate For Sale - Saginaw Michigan

Industrial for Sale
Catylist Listing ID: 30827773
Property Subtypes: Cold Storage, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 79,243 SF
Gross Land Area: 10.65 Acres
Sale Price: $1,490,000
Unit Price: $18.80 PSF
Ceiling: 30 ft.
Docks/Doors: 4 Docks, 5 Doors
Drive In Bays: 5 Bays
Property Use Type: Vacant/Owner-User
Usable Size (USF): 79,243 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/25/2023

Overview / Comments

This massive building is priced to sell at only $19 / sq ft!!

Located in the Saginaw area, it is a quick trip to many major markets, including Bay City, Flint, Mt Pleasant, and Lansing. With 16 - 30 ft ceilings, heavy power, 4 Truck Docks, 10 x 14, 5 Bay Doors, 14 x 14, and nearly 80k sq ft of space, it has all the potential.

- Large enough to separate into units and lease for additional income.
- Only about an hour from Oakland County.

Attachments & Media

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 21442000000
Zoning: M-1, LIGHT INDUSTRIAL
Property Located Between: South Side of Perkins St in between S 20th St & S 23rd St
Highway Access: 4 Minutes from M-46 and I-75
Airports: 27 Minutes from MBS International Airport (MBS)
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 79,243 SF
Property Condition: Average
Roof Type: Flat
Construction/Siding: Block, Brick, Brick/Aluminum Siding, Metal Siding
Parking Ratio: 2.1 (per 1000 SF)
Parking Type: Surface
Parking Description: 168 Parking Spaces - 70,000 sq ft parking lot
Total Parking Spaces: 168
Overhead Cranes: Undisclosed
X-Phase: High power lines at property line
Lot Frontage: 470
Lot Depth: 931
Water Service: Municipal
Sewer Type: Municipal
Legal Description: THAT PART OF E.1/3 OF N.1/2 OF N.W.1/4 OF SEC.29,T.12 N.R.5.E.LYING NLY.OF NLY.LINE OF N.Y.C.R.R.& ELY.OF ELY. LINE OF P.M.R.R.RT.OF WAYS,EXC.NLY. 300 FT.OF ELY.307 FTAND EXC THE S 220.36 FT AS MEASURED ALONG DIEKMAN DRAIN

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,006 46,454 94,477
Median Age: 33.26 33.97 36.7
Households: 3,449 17,825 37,859

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