Oldtown
Retail-Commercial
for Sale
| Catylist Listing ID: |
30819454 |
| Property Subtypes: |
Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
24,000 SF
|
| Gross Land Area: |
15,000 SF
|
| Sale Price: |
$299,000 - 465,000 |
| Unit Price: |
$12.46 - 19.38 PSF |
| Ceiling: |
14 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Oldtown |
| Usable Size (USF): |
24,000 SF |
| Core Factor: |
18% |
| Sale Terms: |
Cash to Seller, Owner Financing, Sale/Leaseback, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/16/2023 |
Overview / Comments
2 Blocks from Saginaw Co. Building.
Outstanding Metal Ceiling & Interior Brick walls.
If Purchased with Beautiful Home Furniture @ $465,000
|
Additional Details
| Nearest MSA: |
Saginaw |
| County: |
Saginaw |
| Taxing Authority: |
Saginaw |
| Tax ID/APN: |
16-0145-00000 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Family, Business, Traveler, Recreation, Convention, Casino, Other |
| Property Located Between: |
Michigan Ave.. & Hamilton st. |
| Property Visibility: |
Fair |
| Largest Nearby Street: |
Michigan Ave. |
| Feet of Frontage: |
120 |
| Traffic/Vehicle Count: |
300 |
| Highway Access: |
1 Mile |
| Airports: |
MBS, Bay City, Flint |
| Site Description: |
Great looking Building, Downtown area. |
| Area Description: |
Downtown Area, Commercial all around. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
12,000 SF |
| Year Built: |
1890 |
| Year Renovated: |
2018 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Gorgeous Brick |
| Total Parking Spaces: |
20 |
| Parking Ratio: |
10 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
Street Parking |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas |
| Heat Source: |
Ceiling Units |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Fiber Optic, Other |
| Interior Description: |
Outstanding Metal Ceiling & Interior Brick walls. |
| Zoning Description: |
Commercial |
| Lot Frontage: |
120' |
| Lot Depth: |
140' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee simple |
| Legal Description: |
N.WLY. 40 FT.OF S.ELY. 80 FT.OF LOT 1,N.WLY. 40 FT.OF S.ELY. 80 FT.OF S. WLY. 40 FT.OF LOT 2, BLK. 18,CITY OF SAGINAW IN DIVISION NORTH OF CASS STREET |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,872 |
81,450 |
117,541 |
| Median Age: |
32.81 |
36.73 |
38 |
| Households: |
5,571 |
32,722 |
47,992 |
|
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