Two-Story Brick Office
For Sale
Contact for pricing
3262 Cabaret Trail S, Saginaw, MI 48603
Two-story brick office building with multiple suites, elevator access, and a drive-thru canopy.
Property Size14,744 SF
Lot Size1.75 Acres
Price / SF$84.78
Days on Market24
Property Features for 3262 Cabaret Trail S
General Information
Standard status
Active
Size
14,744 SF
Lot size
1.75 Acres
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
elevator
Building Details
Year Built
1980
Stories
2
Tenancy
Multi
Listing Agency:
Trademark Commercial Group
(989) 295-0353
Listed By:
Gretchen Witherspoon,SIOR,CCIM
(989) 295-0353
Source:
Moodyscre
Added: Jul 13
Changed: Jul 26
Last Checked: Aug 4 at 12:35PM
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 Trademark Commercial Group
Investment Insights
Based on property information with market context.
This two-story brick office building offers multiple suites and approximately 14,744 square feet. An ADA-compliant elevator is located in a breezeway to support convenient access to the second level. The property also includes a 420-square-foot drive-thru canopy and has had past office renovations, with the building originally built in 1980.
Set on 1.75 acres and commercial zoned, the site provides ample parking. The property has previously been used as COPOCO/Elga Credit Union, and there are no deed restrictions, allowing the building to be sold to another financial institution. With easy access to M-84 and I-675 and an area that includes other executive offices and medical users, the space may also suit executive office or medical use.
The configuration supports tenant occupancy on the upper level while maintaining the building as an owner-operated office asset.
Set on 1.75 acres and commercial zoned, the site provides ample parking. The property has previously been used as COPOCO/Elga Credit Union, and there are no deed restrictions, allowing the building to be sold to another financial institution. With easy access to M-84 and I-675 and an area that includes other executive offices and medical users, the space may also suit executive office or medical use.
The configuration supports tenant occupancy on the upper level while maintaining the building as an owner-operated office asset.
Key Highlights
- Two‑story 14,744 SF brick office building built in 1980 with past office renovations
- 420 SF drive‑thru canopy with multiple suites from prior financial use (COPOCO/Elga Credit Union)
- ADA‑compliant elevator located in the breezeway for easy access to the second level
Financial Insights For Healthcare Medical
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 | $212.3k | $14.40 |
| − Vacancy | −$26.3k | −$1.79 |
| EGI | $186.0k | $12.61 |
| − OpEx | −$74.4k | −$5.05 |
| NOI | $111.6k | $7.57 |
14,744 SF · lease $14.40/SF/yr · vacancy 12.40% · expense 40.00%
Alternative Uses
Best Use
Office B
$2.06M
$1.80M – $2.41M
NOI $144,307 @ 7.0% cap · market cap 11.54%
Second Best
Healthcare Medical
$1.59M
$1.39M – $1.86M
NOI $111,592 @ 7.0% cap · market cap 8.93%
Theoretical Best
Specialty Retail
$2.72M
$2.38M – $3.18M
NOI $190,684 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
Demographics for 48603, MI
27,492
Population
13,367
Households
2.1
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
18.2 sq mi
ZIP Area
1,511
Density / Sq Mi
$65,690
Median Household Income
$41,661
Median Earnings
$1,019
Median Rent
$181,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Two-story brick office building with multiple suites, elevator access, and a drive-thru canopy.
Where is this office building located?
The property is located at 3262 Cabaret Trail S Saginaw, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑story 14,744 SF brick office building built in 1980 with past office renovations; 420 SF drive‑thru canopy with multiple suites from prior financial use (COPOCO/Elga Credit Union); ADA‑compliant elevator located in the breezeway for easy access to the second level
