Saginaw Twp, MI 48603,3545 Bay

$700,000

$795,000

11.9%
Est.Price: ?

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Est. payment /mo

19,738 SqFt


SOLD DATE : 03/31/2023

Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 19,738 sqft

Price per Sqft $35

MLS Listing ID 61050094750

Sold Date 03/31/23

Originating Board Saginaw Board of REALTORS®

Year Built 1971

Annual Tax Amount $20,310

Lot Size 2.350 Acres

Acres 2.35

Lot Dimensions 102366 square feet

Property Description

A rare opportunity to own one of the largest buildings on one of the biggest lots on Bay Rd, the main business corridor in Saginaw. Zoned B-4 the best commercial zoning available. Almost 20,000 sq.ft with another almost 4,500 sq.ft in the dual access basement with about 2.35 acres of land, the possibilities are endless. Current use is as a shopping plaza but you can make it anything you want, even potentially build another building on the lot, and add chargers for electric cars. The property is not encumbered by any kind of corporate restrictions, non-competes etc. The property also has front and rear access with the rear off of Christy Way. Two entrances off of Bay Rd with 238 feet of frontage. Land value alone is $500,000. Potential cap rate of 10% or greater. Suite 8 (front of building off Bay Rd) approximately 4,500 sq.ft Suite 6&7 approximately 4,500 sq.ft Suite 5

Location

State MI

County Saginaw

Area Saginaw Twp

Zoning Commercial,Multiple,Office,Light Industrial

Exterior

Waterfront no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Saginaw Twp

Others

Tax ID 23124101006000

Ownership Corporate/Relocation,Short Sale - No

Acceptable Financing Cash, Contract, Conv. Blend Rt, Conventional, Other

Listing Terms Cash, Contract, Conv. Blend Rt, Conventional, Other

Financing Cash,Contract,Conv. Blend Rt,Conventional,Other

Special Listing Condition Full Service

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Realcomp MLS
Listed by Cris Sears of Century 21 Signature Realty
Bought with Top Agent Realty

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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