1010 Saginaw StHolly, MI 48442

This exceptional mixed-use property, located at 1010 N Saginaw St in Holly, MI 48442, presents a compelling investment opportunity. The 4,480 square foot building, constructed in 1949, sits on a 2.11-acre lot and is zoned for miscellaneous commercial services. Currently configured as an auto shop and a QSR/fast food establishment, this single-story building offers significant versatility. The property includes two units, each offering substantial space. One unit is currently leased under a modified lease agreement with a remaining term of 1.7 years (commencing August 15, 2024, and expiring August 15, 2026), generating immediate rental income. The asking price is $725,000, representing a price per unit of $2,200. Its prime downtown Holly location ensures high visibility and foot traffic, benefiting from the surrounding businesses and attractions. The expansive lot size provides potential for future expansion or customization to suit various commercial needs. This owner-user investment opportunity is ideal for those seeking a blend of immediate income and long-term growth potential in a thriving Michigan community. The property's existing infrastructure and versatile zoning make it suitable for a wide range of commercial uses, offering a unique chance to establish or expand a business in a desirable location. Serious inquiries are encouraged.