3605 Davenport AveSaginaw, MI 48602

  • Commercial real estate
  • 2,201 SF
For Lease
$10.90/SF/YR View listing

Property Details for 3605 Davenport Ave

Year built
1965
Lot size
0.20 AC
Property size (Sq ft)
2,201 SF
Zone code
B-1
Property type
Commercial real estate
APN
91-30-2-77-9000-000
APU
91302779000000

Description

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

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
$4,478
-
-
$66,100
-
-
-
$132,200

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