LaCross

Retail-Commercial for Sale
Catylist Listing ID: 30298240
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 13,940 SF
Gross Land Area: 0.31 Acres
Sale Price: $378,500
Unit Price: $27.15 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN)
Building Name: La Cross
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/13/2018

Overview / Comments

Mixed use building, owner occupied portion as retail and warehouse, real estate only.
2 second floor apartments-income producing
1st floor retail rental-income producing
1st floor owner occupied retail, warehouse.
Owner to relocate

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 16-0218-00000
Retail Clientele: General
Property Located Between: Niagara and Michigan in river front development area on the west side of Saginaw.
Largest Nearby Street: Michigan Ave
Feet of Frontage: 125
Highway Access: M-46, I-675
Airports: MBS
Site Description: Mixed use commercial located in the west side old town area. 2 apartments 1 retail owner occupied. Across the street from brand new condo development.
Area Description: Local west side old town retail community. River Front Development area
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 10,780 SF
Property Condition: Average
Year Built: 1940
Year Renovated: 1942
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block exterior, showroom areas and 2 overhead doors with 12 ft clearance.
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: paved & street parking
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Retail show room for 2 of the units with service related business's. Storage area with 2 overhead doors 12 height
Zoning Description: RMU River Front Mixed Use
Lot Frontage: 125
Lot Depth: 110
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Private
Legal Description: LOTS 8 & 9, S'WLY 1/2 OF LOT 10, BLK 28 CITY OF SAGINAW IN DIVISION NORTH OF CASS STREET.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,046 79,919 115,418
Median Age: 32.7 36.44 37.85
Households: 5,576 32,011 47,198
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