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8175 Gratiot Rd Saginaw, MI 48609

For Sale
$1,900,000

53,726 SF retail property with long-term tenants and 90% occupancy.

Lot size:
6.93 Acres

Property Features for 8175 Gratiot Rd

General Information

Lot size
6.93 Acres

Building Details

Year built
1987

Source: NextHome Greater Tri-cities Agent Seth Vendelboe

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Commercial Retail Investment Opportunity

This commercial retail property offers an investment opportunity, featuring a total of 53,726 square feet. The property maintains 90% occupancy with long-term tenants. Recent updates include a newer front parking lot and roof replacements. The property is located at 8175 Gratiot Rd, Shields, MI 48609. Recent rent increases have raised the cap rate.
Insight Report Location Intelligence

Current Use by Public Records

American Gasser Hot ... Auto Body Shop MobilityWorks Car Dealer The Window and Door Depot Window Supplier Mid Michigan Restoration General Contractor

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Saginaw
County
Saginaw
State
Michigan
Longitude
-84.075503
Latitude
43.415938

FAQs

What type of property is this?
Shopping center - 53,726 SF retail property with long-term tenants and 90% occupancy.
Where is this shopping center located?
The property is located at 8175 Gratiot Rd Saginaw, MI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: - High occupancy rate: 90% occupancy ensures a stable and reliable income stream.; - **Substantial Square Footage:** 53,726 square feet provides significant rental income potential.; - Long-term tenants: Indicates stability and reduces the risk of vacancies.
More about this property
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