Retail-Commercial for Sale
Catylist Listing ID: 30298852
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related
Building Size (RSF): 4,127 SF
Gross Land Area: 0.23 SF
Sale Price: $89,900
Unit Price: $21.78 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Sol-Air
Usable Size (USF): 4,127 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/10/2018

Overview / Comments

The subject property consists of an average quality, one-story, Class C, Concrete Block & Brick storage/warehouse/workshop facility that encompasses 4, 127 square feet of gross building area. According to the City of Saginaw Assessment Records, the building was originally built in 1935 with an addition in 1960. The building consists of an 18' x 18' front office area, a two-piece bathroom, vinyl floor in the front office, three (3) grade level overhead doors, 9'9" drywall/wood board ceiling in the storage/workshop portion of the building, concrete floor, and gas space heat. Part of the building is currently rented month to month to 2 Fresh Detail for $600 a month plus utilities. The remainder of the building (approximately 50%) is owner occupied. The owner lets two (2) of his friends (Jim Henne Electric & Napolitano Bakery) use part of his space for storage. 2 Fresh Detail is using their portion of the building for auto detail, window tinting, and storage. The property is located on the corner of West Bristol Street and N. Niagara Street, west of the Saginaw River, east of North Michigan Avenue, on a 0.23acre parcel in the City of Saginaw. The parcel is zoned RMU, Riverfront Mixed Use for a wide range of commercial uses by the City of Saginaw.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: City of Saginaw
Tax ID/APN: 14-1829-00000
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Niagara
Feet of Frontage: 54
Highway Access: M-46
Airports: MBS
Site Description: Improved
Area Description: General business/retail and wholesale sales.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,127 SF
Property Condition: Average
Year Built: 1935
Year Renovated: 1960
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Brick on the front
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: ashphalt
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Zoning Description: RMU
Lot Frontage: 54
Lot Depth: 201
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,034 81,983 112,620
Median Age: 32.34 36.24 37.71
Households: 4,141 32,774 46,114
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