300 Michigan AveSaginaw, MI 48602

This well-maintained, 9,000 square foot retail building, situated on a 0.21-acre lot at 300 N Michigan Ave, Saginaw, MI 48602 (APN 16 0180 00000), presents a unique investment opportunity. Built in 1941 and renovated in 2015, the property boasts 1,556 square feet of net rentable space, currently configured as a thriving auto repair shop featuring three car bays (one with a hydraulic lift), a small office, and a storage area. A fenced-in area behind the building provides secure storage for twelve or more vehicles. Located in Saginaw's Old Town district, just two blocks from the County Courthouse, this corner lot property benefits from high visibility and traffic volume on Michigan Avenue, a major thoroughfare. The building's prime location is approximately one mile from Covenant Hospital. The asking price is $225,000 ($25 per square foot). Taxes and building insurance are included in the rent. The property's versatility extends beyond automotive use, offering numerous potential redevelopment options for savvy investors. High traffic counts and excellent visibility make this a compelling investment in a desirable location.