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Medical Office Suite with Exam Rooms
For Lease
$2,200/Mo

5605 N Colony Drive, Saginaw, MI 48638

COMMERCIAL - Saginaw, MI

Space Size2,748 SF
Lot Size1.01 Acres
Days on Market198

Property Features for 5605 N Colony Drive

General Information

Property type Commercial Lease
Property subtype Other
Parking features Parking Lot
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# 50199086

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.

This 2,748-square-foot medical office occupies 35% of the overall building and is configured for clinical operations. The layout includes a generous patient waiting area, reception desk, private office, six exam rooms, a laboratory, kitchenette, conference room, two restrooms, and several storage areas. Common-area waiting space and public restrooms are located near the front entrance. Forced-air heating, central air conditioning, public water, and parking-lot access support daily use.

The property is situated at 5605 N Colony Drive in Saginaw, Michigan, near M-46 and within an office-oriented setting. Constructed in 1983, the building offers a dedicated medical or dental practice layout with separate patient-facing, administrative, and clinical areas.

Key Highlights

  • 2,748 SF medical office suite representing 35% of the building
  • Six exam rooms plus a laboratory and two restrooms
  • Patient waiting area, reception, private office, and conference room

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

NNN (Triple Net)
Lease Type
$1.44 /SF/Yr
CAM

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
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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 - Configured practice space includes patient reception, treatment rooms, laboratory facilities, and private support areas.
Where is this medical office space located?
The property is located at 5605 N Colony Drive Saginaw, MI.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 2,748 SF medical office suite representing 35% of the building; Six exam rooms plus a laboratory and two restrooms; Patient waiting area, reception, private office, and conference room
More about this property
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