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Three-Story Office Building
For Lease
$15 SF/Yr

309 N Washington Ave, Saginaw, MI 48607

Flexible office configurations are available within a downtown commercial property in the Riverfront District.

Space Size2,200 SF - 11,000 SF
Property Size30,000 SF
Days on Market1193

Property Features for 309 N Washington Ave

General Information

Standard status Active
Size 2,200 SF - 11,000 SF
Net Rentable 2,200 SF
Class C
Property subtype Office
Zoning RMU

Space & Availability

Available Space 2,200-11,000 SF
Space Use Office

Building Details

Building Size 30,000 SF
Year Built 1963
Buildings 1
Stories 3
Listing Agency: CENTURY 21 Signature Realty
Listed By: Kenneth M. Kujawa · License #6502333762
Source: Cpix.resimplifi
Added: May 27, 2023 Changed: Aug 31 Last Checked: Aug 31 at 2:04AM

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 CENTURY 21 Signature Realty

Investment Insights

Based on property information with market context.

Office space is available within a three-floor commercial building constructed in 1963. The property contains approximately 30,000 square feet and offers seven separate spaces ranging from 2,200 to 11,000 square feet, supporting a range of office requirements. RMU zoning applies to the property.

The building is situated in downtown Saginaw’s Riverfront District, across from SVRC. Its Washington Avenue setting provides a visible location within the downtown business environment. Multiple suites and floor configurations allow prospective occupants to evaluate different space sizes within the same property.

Key Highlights

  • Three‑floor office property constructed in 1963
  • Approximately 30,000 square feet
  • 7 separate spaces available

Property Analytics

Current Use

Norlight Telecommunications Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Big Box & Wholesale Store Building Supply Garden Center Hair Salon

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

612
Businesses Nearby

Demographics for 48607, MI

1,456
Population
884
Households
1.6
Avg Household Size
44
Median Age
22%
College-Educated
79%
High-School Grad
1.0 sq mi
ZIP Area
1,456
Density / Sq Mi
$39,211
Median Household Income
$32,543
Median Earnings
$1,017
Median Rent
$44,500
Median Home Value

Market

Lease Benchmarks for Saginaw, MI

$26.14 /SF/Yr
Avg Asking Price
$3.82–$250 /SF/Yr
Price Range
8,745 SF
Avg Space Size

This space is priced 43% below the average of $26.14 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Office units - Flexible office configurations are available within a downtown commercial property in the Riverfront District.
Where is this office units located?
The property is located at 309 N Washington Ave Saginaw, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Three‑floor office property constructed in 1963; Approximately 30,000 square feet; 7 separate spaces available
More about this property
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