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Medical Office Suite with Exam Rooms
For Sale
$175,000

5605 N Colony Drive, Saginaw, MI 48638

COMMERCIAL - Saginaw, MI

Property Size2,748 SF
Lot Size1.01 Acres
Price / SF$63.68
Days on Market198

Property Features for 5605 N Colony Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Lot features Office Park
Subdivision Saginaw Twp (73020)
Standard status Active
APN 23-12-4-29-2004-002
Size 2,748 SF
Lot size 1.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17291

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1983
Listing Agency: Century 21 Signature Realty · Century 21 Real Estate
Listed By: Mark Greskowiak · License #6506036834
Added: Feb 9 Changed: Aug 4 Last Checked: Aug 26 at 5:06PM
MLS# 50199087

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Medical or dental office space is available in Saginaw Township as part of a larger building. The suite represents 35% of the total building and is described as being in excellent condition. From the front doors, patients enter a common area with public restrooms and waiting space. The interior includes a spacious waiting room, reception area, private office, six exam rooms, a lab room, kitchenette, meeting/conference room, two restrooms, and multiple storage spaces.

The space is located close to M-46 among other office spaces at 5605 N Colony Drive in Saginaw, MI 48638. The property is situated on a 1.01-acre lot.

The available configuration is designed around clinical use, with exam rooms, a dedicated lab room, and supporting spaces such as reception, waiting, conference, kitchenette, restrooms, and storage.

Key Highlights

  • Medical or dental office space in Saginaw Township near M46 among other office spaces
  • Offered space is 35% of the total building and includes a common area with waiting space and public restrooms
  • 2748 SF office layout with spacious waiting room, reception area, private office, and multiple storage spaces

Property Analytics

Current Use

Lamb William J ... Dental Office Galsterer Endodontics Dental Office H2 Dermatology Physician Baumstark, Reynold J ... Dental Office Dental Implant Center Dental Office

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48638, MI

13,199
Population
6,479
Households
2
Avg Household Size
42
Median Age
36%
College-Educated
95%
High-School Grad
6.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$63,444
Median Household Income
$44,281
Median Earnings
$948
Median Rent
$161,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Sheets Don DVM 305 N Center Rd, Saginaw, MI 48638
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  • Veterinary Health Center 305 N Center Rd, Saginaw, MI 48638

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical/dental office suite offers a common entry with waiting area, six exam rooms, lab room, and multiple private offices.
Where is this medical office space located?
The property is located at 5605 N Colony Drive Saginaw, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Medical or dental office space in Saginaw Township near M46 among other office spaces; Offered space is 35% of the total building and includes a common area with waiting space and public restrooms; 2748 SF office layout with spacious waiting room, reception area, private office, and multiple storage spaces
More about this property
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