Office for Sale
Catylist Listing ID: 29731105
Property Subtypes: Office Building
Building Size (RSF): 7,350 SF
Gross Land Area: 0.79 Acres
Sale Price: $198,000
Unit Price: $26.94 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Building Name: D B LLC
Class of Space: Class B
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/10/2018

Overview / Comments

Office building, new 5 year lease and a 1 yr lease remaining on second tenant.
Lower unit tenant month to month.
Building in good condition with plenty of parking located on a corner lot.
See agent for details.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: City of Saginaw
Tax ID/APN: 13 2383 00000
Zoning: B-1
Market Type: Medium
Side of Street: North
Road Type: Paved, Highway
Property Visibility: Good
Transportation: Bus, Highway, Taxi
Highway Access: Building is located on West bound M-58
Airports: MBS
Area Description: Brick frame building located near business buildings and residential with in walking distance.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,675 SF
Year Built: 1966
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Asphalt roof, brick facing with good asphalt parking.
Parking Type: Surface
Parking Description: Asphalt with 29 spaces.
Total Parking Spaces: 29
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite
Interior Description: Upper unit consist of 2 tenants occupying 3675 sf. Lower unit consist of multiple offices that share a kitchenette and rest rooms, couple small offices still available.
Zoning Description: B-1 Office
Lot Frontage: 120
Lot Depth: 145
Land Ownership: Private
Legal Description: Lots 1 & 2 Whitemore Plat

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,944 83,161 124,065
Median Age: 39.33 38.57 37.43
Households: 6,319 34,673 49,198
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