Property profile

925 River St Saginaw, MI 48609

OFF-MARKET
Industrial properties
44,000 SF 42.37 ac lot Built 1968
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Property summary

AI-generated overview

This expansive 44,000 square foot industrial property, situated on a generous 42.37-acre lot in Saginaw, Michigan, presents a unique investment opportunity. Originally serving as St. Vincent's Home, the main campus encompasses approximately 36,000 square feet, featuring a thoughtfully designed layout. Four distinct wings offer versatile spaces including classrooms, a fully equipped kitchen with a walk-in cooler, a cafeteria, numerous offices, and meeting rooms. A sizable church sanctuary is also included. The upper level provides dormitory space and additional meeting rooms/offices. A 4,200 square foot addition boasts a gymnasium, six extra classrooms, and further office space. A separate 14 x 44 foot building previously housed a daycare. The property also includes a five-bay garage, a recently installed playscape, and an in-ground pool. Adding to the property's potential is a substantial rear building measuring 40 x 156 feet. The remaining 30+ acres offer significant development possibilities, making this property ideal for a variety of uses. Located conveniently a mile north of Gratiot (M-46) in Thomas Township, this property is primed for redevelopment or repurposing. Detailed brochures are available upon request.

Property profile

Verified
Property type Industrial properties
Year built 1968
Total area 44,000 SF
Lot 42.37 ac (1,845,637 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

925 River St Saginaw, MI 48609
Saginaw metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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