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    3424 Genesee Ave Saginaw, MI 48601

    Sponsored
    For Lease
    Contact for pricing

    15,000 SF Retail Building, High Traffic Area

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,000-square-foot retail property, located at 3424 E. Genesee Ave. in Saginaw, Michigan, presents a unique investment opportunity. Built in 2000, this Class A building sits on a 1.51-acre lot with 240 feet of frontage on E. Genesee Ave. and a cross street of Hess. The property boasts a single-tenant occupancy, with the entire 15,000 square feet currently vacant, offering unparalleled flexibility for a wide range of businesses. The ample 67-space parking lot ensures convenient access for customers and employees. The building features a modern design and is well-maintained. Zoned B-1 Local Business District, this property is ideally suited for retail, grocery, medical, office, or mixed-use developments. Its prime location in a high-traffic area guarantees excellent visibility and accessibility. The property's Saginaw County location (APN: 21 3084 00000, Zip Code: 48601) offers a vibrant community with consistent foot traffic and strong customer engagement. The property taxes are $0.76 per square foot. This one-story building offers an expansive, adaptable layout perfect for businesses seeking a prominent presence in a thriving community. The absence of elevators is noted.

    Property Features for 3424 Genesee Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Class
    A

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    15,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Lalit Mahajan, RPH Pharmacy Western Union Money Transfer Service Niravkumar Gandhi Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.91210921
    Latitude
    43.40053427

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    FAQs

    What type of property is this?
    Specialty property - 15,000 SF Retail Building, High Traffic Area
    Where is this specialty property located?
    The property is located at 3424 Genesee Ave Saginaw, MI.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3424 Genesee Ave Saginaw, MI 48601
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