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11901 Saginaw St Mount Morris, MI 48458

Prime retail space, vacant, high traffic corner.

Overview

Added:
Dec 11, 2024
Days on market:
132
This 11,440-square-foot retail building, constructed in 2000, presents a compelling investment opportunity. Located on a 1.32-acre lot at the signalized corner of North Saginaw and West Mt. Morris Streets in Mt. Morris, Michigan, this Class B property boasts excellent visibility and accessibility. The building features 60 surface parking spaces, catering to ample customer convenience. The property is currently vacant, offering a blank canvas for a new tenant or owner-occupier. With a remaining lease term of 10 years, this fee simple ownership provides long-term potential. The high-traffic location benefits from significant daily vehicle counts: 9,000 vehicles per day on North Saginaw Street and 6,000 vehicles per day on West Mt. Morris Street. The surrounding area includes established residential subdivisions, contributing to a strong customer base. The average household income within a five-mile radius is $54,000, indicating a healthy consumer market. This former pharmacy/drug store offers a versatile space suitable for a variety of retail uses. The property's size, location, and parking make it an ideal investment for a discerning buyer. The zip code is 48458.

Highlights

  • 2000 Construction Year
  • 11,440 SF Building on 1.58 Acres
  • 60 Surface Parking Spaces
  • Signalized Corner Lot at N Saginaw & W Mt. Morris Streets
  • High Traffic Count: 9,000 VPD on N Saginaw, 6,000 VPD on W Mt. Morris
  • Excellent Location near Established Subdivisions

Property Details for 11901 Saginaw St

Property type
Retail properties, Retail space
Square Feet
11,440 SF
Class
B
Lot Size (sq. ft)
57,499 SF

Location Insight

City
Mount Morris
County
Genesee
State
Michigan
Latitude
43.119784410143
Longitude
-83.694511327849

FAQs

What type of property is this?
Retail property - Prime retail space, vacant, high traffic corner.
Where is the retail property located?
The property is located at 11901 Saginaw St Mount Morris, MI.
What are key features of this property?
This property features: 2000 Construction Year; 11,440 SF Building on 1.58 Acres; 60 Surface Parking Spaces
How can I contact the broker?
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11901 Saginaw St
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