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: 11/15/2022

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

View FullscreenMap

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

Contact

Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.