8445 Saginaw St Mount Morris, MI 48458
This prime commercial property in Mount Morris, Michigan, presents a unique investment opportunity. Located at 8445 N Saginaw, this 0.9-acre lot features two buildings totaling 2,400 square feet. The main building, constructed in 1970, is a former muffler shop ideally suited for an auto repair business or similar venture. It boasts three hydraulic car lifts and two commercial air compressors, offering immediate operational capabilities. A second, 20' x 20' outbuilding, constructed in 2022, provides ample secure storage space. Recent improvements include a new well (2022) and a new roof (2023), minimizing immediate maintenance needs. The property's high visibility and convenient access along N Saginaw Street in Genesee County, zip code 48458, make it an attractive location for a variety of commercial uses. The asking price is $235,000. This ready-to-go commercial space offers significant potential for entrepreneurs seeking a well-equipped and strategically located business property. The property is zoned for commercial use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.