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    308 Washington Ave Saginaw, MI 48607

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Riverfront Office Space Available

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located in Saginaw's vibrant Riverfront District, offers 30,000 square feet of leasable office space across two buildings. Built in 1963, this Class C property features three stories and boasts excellent visibility and high traffic counts due to its prime location on South Washington Street, adjacent to the SVRC. The property is zoned RMU and comprises a total of 0.01 acres. The buildings offer a traditional office layout, suitable for multiple tenants, with a maximum contiguous space of 30,000 square feet. This presents a unique opportunity for businesses seeking a prominent location in a thriving downtown area. The property's multiple building configuration allows for flexibility in tenant needs and potential for expansion. The address encompasses 308 S. Washington and 402 S. Washington. The property's APN is 07 0357 00000 07 0368 00000 0366 00000 07 0373 00000. This is an ideal location for businesses seeking high visibility and accessibility within the heart of Saginaw's downtown. The property's size and configuration make it suitable for a variety of commercial uses. Interested parties should inquire for further details and lease terms.

    Property Features for 308 Washington Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Class
    C
    Total Rate
    37500

    Building Details

    Year Built
    1963
    Buildings
    2
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 1
    Size
    30,000 SF
    Rate per SF
    $15

    HighLights

    • 30,000 square foot office building available for lease.
    • Two buildings on a 0.01‑acre lot.
    • Multiple tenancies available.
    • 3‑story building, built in 1963, Class C construction.
    • Located in Saginaw's Riverfront District, offering high visibility and traffic.
    • Maximum contiguous space of 30,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shaping Solutions Training Centre tri-cities care, llc Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.939858861997
    Latitude
    43.430568186566

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Riverfront Office Space Available
    Where is this office property / space located?
    The property is located at 308 Washington Ave Saginaw, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 30,000 square foot office building available for lease.; Two buildings on a 0.01-acre lot.; Multiple tenancies available.
    Request Owner's contact information
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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
    308 Washington Ave Saginaw, MI 48607
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