This single-tenant office building, located at 3605 Davenport Ave, Saginaw, MI 48602, offers 2,201 square feet of space on a 0.21-acre lot. Built in 1965, the one-story building features a high-visibility location on M-58, near Marshall Court. The property includes approximately 11 parking spaces, with one designated handicap space. An additional 6 parking spaces and a shed are available via a separate lease agreement with the owner. The building is zoned for office commercial use and will be completely vacant by November 2024. The main level (street level) comprises a vestibule, waiting room, five to six offices (one potentially suitable as an executive conference room), a restroom, and common space. Access to the lower level, which mirrors the upper level's square footage at 2,201 square feet, is controlled via the vestibule, offering enhanced security. The lower level includes multiple open and office rooms, storage rooms, a kitchenette, electrical and mechanical rooms, and a restroom. The lease price is $2,000 per month, plus utilities and exterior maintenance (snow removal and landscaping). Property taxes and insurance are covered by the landlord. The property is also available for purchase (see separate listing). This versatile space presents numerous opportunities, including single-tenant occupancy, or subdivision for multiple smaller tenants.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$431,274
Hospitality
$395,044
Educational
$328,672
Medical
$339,976
Retail
$511,268
Location Insight
City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.4378
Longitude
-83.9916
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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