Property summary
This exceptional 40,946 square foot industrial property, situated on a 0.93-acre lot at 5961 Dixie Highway in Saginaw, Michigan, presents a compelling investment opportunity. The main structure is a generously sized, heated garage boasting a robust metal roof (installed 2018), a functional car lift, and a comprehensive security camera system. A separate office building, enhanced by vinyl siding replacement in 2017, provides a comfortable and efficient workspace. Ample parking is readily available, complemented by a fenced holding lot ideal for secure vehicle storage. The property's C2 Commercial zoning, coupled with its location within the Saginaw Downtown Development Authority, unlocks a wide range of potential uses. This versatile space is well-suited for various businesses seeking a functional and secure location with significant storage capacity. The combination of a substantial garage, a dedicated office, and extensive outdoor space makes this property an attractive proposition for entrepreneurs and investors alike. The property's recent upgrades, including the roof and siding, demonstrate a commitment to maintenance and longevity. This prime location offers excellent accessibility and visibility, making it an ideal choice for a thriving enterprise. The asking price of $119,900 represents a significant value for this substantial and well-maintained industrial property.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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