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$1,900,000
599 Days On Site
8175 Gratiot RoadThomas Twp, MI 48609
For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
53,726
SqFt
$35
/SqFt
1987
Built
County:
Saginaw
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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.
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Listing Snapshot
Price
$1,900,000
Days On Site
599 Days
Bedrooms
N/A
Inside Area (SqFt)
53,726 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
6.93 Acres
Year Built
1987
MLS® Number
61050108878
Status
Active
Property Tax
$33,756.71
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $1,900,000 | |
| 2 years ago | Listing first seen on site |
General Features
Acres
6.93
Special Circumstances
Real Estate Owned
SqFt Total
53726
Zoning
Commercial
Interior Features
Heating
Forced Air
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Exterior Features
Construction Details
Wood Siding
Community Features
MLS Area
Thomas Twp
School District
Swan Valley
Schools
School District
Swan Valley
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of NextHome Greater Tri-cities: 9897374907
IDX provided courtesy of Realcomp II Ltd. via Saginaw Board of REALTORS®. Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via Saginaw Board of REALTORS®. Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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