Commercial Retail Investment
For Sale
$1,900,000
Pending
8175 Gratiot Rd, Saginaw, MI 48609
53,726 SF commercial retail property with long-term tenants.
Property Size53,726 SF
Days on Market199
Property Features for 8175 Gratiot Rd
General Information
Standard status
Pending
Size
53,726 SF
Property subtype
Commercial
Building Details
Year Built
1987
Listing Agency:
NextHome Greater Tri-cities
Listed By:
Seth Vendelboe
Source:
Semichiganhomesource
Added: Feb 22
Changed: Sep 8
Last Checked: Aug 25 at 7:53AM
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 NextHome Greater Tri-cities
Investment Insights
Based on property information with market context.
This commercial retail property presents an investment opportunity, featuring a total of 53,726 square feet. The property is currently 90% occupied by long-term tenants, providing a stable income source. Recent updates include a newer front parking lot and roof replacements, indicating that the property is well-maintained. The property is located at 8175 Gratiot Rd, Saginaw, MI 48609.
Key Highlights
- Stable Income: 90% occupancy with long‑term tenants ensures a reliable and consistent revenue stream.
- Sizeable Investment: Total of 53,726 square feet provides substantial leasable space.
- Newer front parking lot and roof replacements minimize immediate maintenance costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 48609, MI
12,082
Population
5,494
Households
2.2
Avg Household Size
50
Median Age
26%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
270
Density / Sq Mi
$78,800
Median Household Income
$43,865
Median Earnings
$903
Median Rent
$166,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 53,726 SF commercial retail property with long-term tenants.
Where is this retail property 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: Stable Income: 90% occupancy with long‑term tenants ensures a reliable and consistent revenue stream.; Sizeable Investment: Total of 53,726 square feet provides substantial leasable space.; Newer front parking lot and roof replacements minimize immediate maintenance costs.
