Front-Facing Retail or Office
11225 S Saginaw Street #H Grand Blanc, MI 48439
For Sale
$225,000
Approximately 1,000 sq. ft. retail or office suite positioned at the front of a downtown development with ample parking.
Property Size1,000 SF
Price / SF$225
Days on Market150
Property Features for 11225 S Saginaw Street #H
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing Agency:
Berkshire Hathaway Homeservices - TC
(231) 350-8039
Listed By:
Jonathan Crane · License #6504431857
(231) 350-8039
Source:
Phgrealty
Added: Feb 25
Changed: Jul 25
Last Checked: Jul 25 at 4:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices - TC
Investment Insights
Based on property information with market context.
This suite offers nearly 1,000 square feet of retail or office space within a larger downtown development. The unit is positioned at the front of the property, which the seller notes provides increased exposure. A flooring allowance is also being offered to the buyer.
The space is located in downtown Grand Blanc, and the development is described as having ample parking. The seller characterizes the surrounding tenant mix as strong neighbors that draw clientele.
The offering presents a turnkey-sized space for an owner-operator or an investor seeking a finished retail/office unit within a multi-tenant development environment.
The space is located in downtown Grand Blanc, and the development is described as having ample parking. The seller characterizes the surrounding tenant mix as strong neighbors that draw clientele.
The offering presents a turnkey-sized space for an owner-operator or an investor seeking a finished retail/office unit within a multi-tenant development environment.
Key Highlights
- Approximately 1,000 sq. ft. retail or office suite in downtown Grand Blanc
- Suite is positioned at the front of the development, offering increased exposure
- Front‑of‑development location within a larger downtown development with ample parking
Financial Insights For Retail
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 | $15.5k | $15.48 |
| − Vacancy | −$650 | −$0.65 |
| EGI | $14.8k | $14.83 |
| − OpEx | −$4.4k | −$4.45 |
| NOI | $10.4k | $10.38 |
1,000 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$148.3K
$129.8K – $173.0K
NOI $10,381 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$210.4K
$184.1K – $245.5K
NOI $14,730 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nuevo Vallarta
Restaurant
Carbon Beauty Bar
Hair Salon
Alter + Blend
Hair Salon
Austin Michael Institute ...
Vocational School
Grand Blanc Grooming ...
Barber Shop
Similar Off Market Nearby
- Royal Gardens — 214 McFarland St, Grand Blanc, MI 48439
FAQs
What type of property is this?
Storefront property - Approximately 1,000 sq. ft. retail or office suite positioned at the front of a downtown development with ample parking.
Where is this storefront property located?
The property is located at 11225 S Saginaw Street #H Grand Blanc, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Approximately 1,000 sq. ft. retail or office suite in downtown Grand Blanc; Suite is positioned at the front of the development, offering increased exposure; Front‑of‑development location within a larger downtown development with ample parking
