8175 Gratiot Road, Saginaw, Michigan

$1,900,000

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53,726

Square feet

6.93

Acres

About 8175 Gratiot Road

This impressive commercial retail property is an outstanding investment opportunity, featuring a total of 53,726 square feet with long-term tenants occupying the space. With 90% occupancy, this property has a proven track record of success, ensuring a stable source of income for potential investors. The property's recent updates, including a newer front parking lot and roof replacements, ensure that it is well-maintained. With its prime location and desirable features, this commercial retail property is a must-see for any serious investor looking to expand their portfolio. Recent rent increases have raised the cap rate.

Features of 8175 Gratiot Road

MLS® # 50108878
Price $1,900,000
Square Footage 53,726
Acres 6.93
Year Built 1987
Type Commercial
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS Saginaw

Community Information

Address 8175 Gratiot Road
Area Thomas Twp
City Saginaw
County Saginaw
State Michigan
Zip Code 48609

Amenities

Features Overhead Doors, Separate Meters, Showroom, Sidewalks
Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C

Exterior

Roof Shingles
Construction Other, Wood

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNextHome Greater Tri-cities

Listing Map

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