205 N Wood Street Chesaning, MI 48616
COMMERCIAL - Chesaning, MI
- Added:
- Nov 4, 2025
- Days on Market:
- 250
- Last Refresh:
- Jul 12 at 2:06 pm
Property Features for 205 N Wood Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Active
- APN
- 13093160527700
- Size
- 4,500 SF
- Lot size
- 0.20 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 1950
- Roof type
- Rubber, Flat
Listing agent Ken Kujawa License #6502333762 (989) 239-5581
Listing office Century 21 Signature Realty 5580 State Street Suite 4, Saginaw, MI (989) 921-7000
Listing date Nov 4, 2025
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Investment Insights
Based on property information with market context.
The property is located at 205 N Wood Street in Chesaning, Michigan, in Saginaw County (postal code 48616). The listing information describes the site as a dedicated industrial garage setup suitable for light industrial storage or operational use.
For buyers seeking a compact industrial asset, this property’s single building configuration can simplify planning for warehouse or garage-style needs within a small footprint. The ability to adjust the lot size may also support expansion or packaging with additional acquisition requirements, depending on buyer goals.
Key Highlights
- 4,500 SF industrial garage space available for purchase in Chesaning
- Off‑street parking
- Public water service
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.1k | $7.80 |
| − Vacancy | −$1.6k | −$0.35 |
| EGI | $33.5k | $7.45 |
| − OpEx | −$10.1k | −$2.23 |
| NOI | $23.5k | $5.21 |
Alternative Uses
Property Analytics
Current Use by Public Records
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