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    1010 Saginaw St Holly, MI 48442

    For Sale
    $725,000

    Downtown Holly, 4,480 sq ft, high rental income.

    Property size:
    4,480 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property in Holly, Michigan presents a compelling investment opportunity. Located in the vibrant downtown area, the 4,480 square foot building boasts a prime location with high visibility and foot traffic, surrounded by thriving businesses and community attractions. The property's versatility allows for a variety of commercial uses, making it ideal for retail, office space, or a mixed-use configuration. A significant advantage is the existing rental income generated from a portion of the building, providing immediate cash flow for investors. The potential for additional rental income from the remaining space further enhances the property's financial appeal. Sitting on a generous 2.11-acre lot, the property offers ample space for expansion or customization to meet specific business needs. This presents a unique chance to acquire a well-situated, income-producing asset with significant growth potential in a desirable downtown location. The combination of existing rental income, versatile space, and expansion possibilities makes this a truly remarkable investment opportunity. Don't miss the chance to own this prime commercial real estate in the heart of Holly.

    Property Features for 1010 Saginaw St

    General Information

    Property type
    Industrial properties
    Square Feet
    4,480 SF
    Lot Size
    91,912 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holly
    County
    Oakland
    State
    Michigan
    Longitude
    -83.62753
    Latitude
    42.80265

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    FAQs

    What type of property is this?
    Industrial property - Downtown Holly, 4,480 sq ft, high rental income.
    Where is this industrial property located?
    The property is located at 1010 Saginaw St Holly, MI.
    What is the asking price?
    The asking price for this property is $725,000.
    (517) 282-7166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Saginaw St Holly, MI 48442
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