1835 Treanor StSaginaw, MI 48601

  • Commercial real estate
  • 32,365 SF
For Sale
$3,600,000 View listing

Property Details for 1835 Treanor St

Lot size
3.59 AC
Property size (Sq ft)
32,365 SF
Zone code
R-2 RES
Property type
Commercial real estate
APN
10-12-5-31-4238-000
APU
10125314238000

Description

This exceptional 33,704-square-foot executive office building, situated on a 3.59-acre lot in Saginaw, Michigan, presents a unique investment opportunity. Built in 1996, this single-story, all-brick structure is currently configured as a parole facility, with a lease in place with the State of Michigan for office space at the front of the building. The expansive interior boasts 56 double bedrooms and 12 single bedrooms, totaling 124 beds, along with a cafeteria, a dining room equipped with a walk-in freezer, cooler, and serving line. Additional features include multiple meeting rooms, a laundry/linen room, a conference room, a large showering area, two large restrooms, and six smaller restrooms. The building is fully air-conditioned and equipped with alarm, sprinkler, and intercom systems. Zoned for commercial and office use, this property offers significant potential for a variety of uses, including substance abuse treatment, assisted living facilities, call centers, or a general office complex. The asking price is $3,600,000, translating to $106.81 per square foot. This property represents a substantial investment in a prime Saginaw location with considerable adaptability. The existing infrastructure and ample space provide a solid foundation for a diverse range of future ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,341,739
    Hospitality
    $5,808,998
    Educational
    $4,833,018
    Medical
    $4,999,234
    Retail
    $7,518,029
1835 Treanor St, Saginaw, Michigan

Location Insight

City
Saginaw
County
Saginaw
State
Michigan
Latitude
43.3937
Longitude
-83.9203
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
$56,133
-
-
$1,064,600
-
-
-
$2,129,200

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