11901 Saginaw St Mount Morris, MI 48458

Property Details for 11901 Saginaw St

Year built

1958

Lot size

0.39 lot acres

Property size

2,357 SF

Zone code

R-1 SF PUD

Property type

Commercial real estate

APN

57-01-400-002

APU

5701400002

Description

This 11,440-square-foot retail building, constructed in 2000, presents a compelling investment opportunity. Located on a 1.32-acre lot at the signalized corner of North Saginaw and West Mt. Morris Streets in Mt. Morris, Michigan, this Class B property boasts excellent visibility and accessibility. The building features 60 surface parking spaces, catering to ample customer convenience. The property is currently vacant, offering a blank canvas for a new tenant or owner-occupier. With a remaining lease term of 10 years, this fee simple ownership provides long-term potential. The high-traffic location benefits from significant daily vehicle counts: 9,000 vehicles per day on North Saginaw Street and 6,000 vehicles per day on West Mt. Morris Street. The surrounding area includes established residential subdivisions, contributing to a strong customer base. The average household income within a five-mile radius is $54,000, indicating a healthy consumer market. This former pharmacy/drug store offers a versatile space suitable for a variety of retail uses. The property's size, location, and parking make it an ideal investment for a discerning buyer. The zip code is 48458.

Location Insight

City

Mount Morris

County

Genesee

State

Michigan

Longitude

-83.6948

Latitude

43.1207

CBSA code

22420

CBSA name

FLINT, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments