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$1,900,000
706 Days On Site

8175 Gratiot Road
ThomasTownship_Saginaw, MI 48609

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
53,726
SqFt
$35
/SqFt
1987
Built
County:
Saginaw
8175 Gratiot Road8175 Gratiot Road8175 Gratiot Road8175 Gratiot Road
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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 
706 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
3 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
6 months agoPrice changed to $1,900,000
2 years agoListing first seen on site
General Features
Acres 
6.93
Building Features 
OverheadDoorsSeparateMetersShowroomSidewalks
Cross Street 
Victor Dr. / Sparling Dr.
Disclosures 
Flood Ins Not Reqd
Sewer 
Public Sewer
SqFt Total 
53726
Water Source 
Public
Zoning 
Commercial
Interior Features
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
OtherWood Siding
Roof 
Shingle
Community Features
Community Features 
Sidewalks
Financing Terms Available 
CashConventional
MLS Area 
Area73061ThomasTwp
School District 
SwanValley
Township 
Thomas Township
Schools
School District
SwanValley
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of NextHome Greater Tri-cities: 9897374907



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Neighborhood & Commute
Source: Walkscore
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