For Sale
$499,000

5820 Gratiot Ave Saginaw, MI 48638

Prime Medical/Commercial Office Building

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 7,706 square foot Class B office building, situated on a 1.04-acre lot in Saginaw Township, Michigan, presents a unique investment opportunity. Currently 100% occupied with a single tenant under a Net-Net lease, the property boasts a beautifully updated interior and exterior. The main level encompasses 5,228 square feet of well-maintained office space, complemented by an additional 2,478 square feet in a lower level featuring egress. Recent improvements include new asphalt paving (2021), a new air conditioning system (2019), and a new furnace (2018). The property also benefits from updated landscaping and two 200-amp service panels, ensuring ample power. The building's flexible layout allows for potential splitting into smaller units to accommodate multiple tenants. Located at 5820 Gratiot, Saginaw, MI 48638, this property is ideal for owner-occupiers seeking a move-in ready space or investors looking for a stable, high-occupancy asset. The enclosed egress to the lower level adds to the functionality and versatility of this well-maintained commercial property. This is a rare opportunity to acquire a high-quality medical office building in a desirable location. The asking price is $499,000.

Property Details for 5820 Gratiot Ave

Property type
Office properties, Medical offices
Square Feet
7,706 SF
Class
B
Lot Size (sq. ft)
45,302 SF

Location Insight

City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.4160685
Longitude
-84.0305867

FAQs

What type of property is this?
Office property - Prime Medical/Commercial Office Building
Where is the office property located?
The property is located at 5820 Gratiot Ave Saginaw, MI.
What is the asking price?
The asking price for this property is $499,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5820 Gratiot Ave
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