6985 Bay RdSaginaw, MI 48604

  • Commercial real estate
  • 1,904 SF
For Sale
$350,000 View listing

Property Details for 6985 Bay Rd

Year built
1952
Lot size
1.61 AC
Property size (Sq ft)
1,904 SF
Zone code
B-2
Property type
Commercial real estate
APN
18-13-4-27-1009-000
APU
18134271009000

Description

This 1,910 square foot storefront at 6985 Bay Rd, Saginaw, MI 48604, is a prime commercial investment opportunity. Built in 1952 and renovated in 2005, this single-story building sits on a 200' x 298' lot with 12 surface parking spaces. Located across from Saginaw Valley State University on a four-lane highway with 20,000 cars daily, this high-traffic location offers excellent visibility. The property features a 1,200 square foot basement for storage, central natural gas heating, an engineered air conditioning system, and access to cable, DSL, satellite, and fiber optic internet. Municipal water and sewer services are available. The building is zoned commercial and has utilities easements. Previously a successful sub shop for 10 years, this versatile space offers many potential uses. The asking price is $350,000. A walk-in cooler is available for separate purchase from the previous tenant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $373,078
    Hospitality
    $341,737
    Educational
    $284,322
    Medical
    $294,100
    Retail
    $442,278
6985 Bay Rd, Saginaw, Michigan

Location Insight

City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.5085
Longitude
-83.9738
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,475
-
-
$77,000
-
-
-
$154,000

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