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    1026 Genessee Saginaw, MI 48607

    For Sale
    $38,999

    Historic 6,000 sq ft building, huge potential!

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property presents a unique investment opportunity in Saginaw, Michigan. Located at 1026 E Genessee, this substantial 6,000 square foot building boasts a rich history and sits on a sizable 0.6-acre lot. Currently zoned B2, the property offers endless possibilities for redevelopment and repurposing. The three-story structure is in need of restoration, presenting a blank canvas for creative visionaries. Imagine transforming this historical gem into a thriving business hub, a multi-unit residential complex, or a mixed-use development. The property's substantial size and versatile zoning provide ample room for innovation and expansion. The existing building features a detached garage and a fenced yard, adding to its overall appeal and functionality. This is a rare chance to acquire a significant piece of Saginaw's history and shape its future. The property's prime location within a commercial area ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. With its generous lot size and substantial square footage, this property offers unparalleled potential for significant return on investment. Don't miss this chance to own a piece of Saginaw's legacy and create something truly remarkable. The asking price is $38,999.

    Property Features for 1026 Genessee

    General Information

    Property type
    Investment properties
    Square Feet
    6,000 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1884
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.92931
    Latitude
    43.42737

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    FAQs

    What type of property is this?
    Investment property - Historic 6,000 sq ft building, huge potential!
    Where is this investment property located?
    The property is located at 1026 Genessee Saginaw, MI.
    What is the asking price?
    The asking price for this property is $38,999.
    (989) 922-6800
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    1026 Genessee Saginaw, MI 48607
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    Saginaw, MI 48607
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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
    1026 Genessee Saginaw, MI 48607
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