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Updated Two-Level Office Space

5820 Gratiot Rd, Saginaw, MI 48638

For Sale
$499,000

Updated office space with first-floor area and a lower level with egress, plus multiple electrical panels and recent HVAC upgrades.

Property Size7,706 SF
Price / SF$64.75
Days on Market655

Property Features for 5820 Gratiot Rd

General Information

Standard status Active
Size 7,706 SF
Class B
Property subtype Office, Retail
Zoning B-1
Lease Type NNN

Building Details

Building Size 7,706 SF
Year Built 1984
Buildings 1
Stories 1
Listing Agency: CENTURY 21 Signature Realty
Listed By: Kenneth M. Kujawa · License MI #6502333762
Source: Cpix.resimplifi
Added: Jan 25, 2025 Changed: Nov 9 Last Checked: Nov 10 at 5:16AM

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

Rey
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Investment Insights

Based on property information with market context.

This updated office space offers office area on the first floor and additional space on a lower level with egress. The configuration includes enclosed stairs connecting to the lower level, and the space is set up with splits available.

The property has received recent improvements, including new asphalt in 2021, a new AC unit in 2019, and a new furnace in 2018. There are also two 200-amp service panels to support the electrical needs of the space.

Additional exterior updates are referenced in the remarks, including updated landscaping.

Key Highlights

  • Updated office space with 4,000 SF on the first floor plus 2,478 SF in the lower level with egress
  • Enclosed stairs provide access to the lower level
  • Lower level includes egress for safer occupant access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Atomic Hair - Skin, ... Hair Salon Willow Tree Beads ... (Bike/Boat/Book/etc) Store Ruth Ann Buck Pediatrician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 48638, MI

13,199
Population
6,479
Households
2
Avg Household Size
42
Median Age
36%
College-Educated
95%
High-School Grad
6.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$63,444
Median Household Income
$44,281
Median Earnings
$948
Median Rent
$161,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office Units in Saginaw, MI

$99.48 Jul
$71.1 Aug
$69.91 Sep
$69.91 Oct

Properties on Market for Office Units in Saginaw

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Updated office space with first-floor area and a lower level with egress, plus multiple electrical panels and recent HVAC upgrades.
Where is this office unit located?
The property is located at 5820 Gratiot Rd Saginaw, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Updated office space with 4,000 SF on the first floor plus 2,478 SF in the lower level with egress; Enclosed stairs provide access to the lower level; Lower level includes egress for safer occupant access
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