301 Genesee AveSaginaw, MI 48607

Property Details for 301 Genesee Ave

Year built

1925

Lot size

0.24 AC

Property size (Sq ft)

25,000 SF

Zone code

RMU

Property type

Commercial real estate

APN

90-30-0-18-0000-000

APU

90300180000000

Description

This exceptional five-story, 25,000 square foot traditional office building presents a compelling investment opportunity in the heart of Saginaw, Michigan. Located at 301 E Genesee Ave, this property boasts a prime downtown location, offering unparalleled convenience and visibility. Built in 1925 and extensively renovated in 1987, the building is in excellent condition and benefits from a Gross Lease structure with multi-tenant occupancy. The asking price is $1,495,000, translating to a price per square foot of $59.80. The 0.24-acre lot is zoned 201, providing flexibility for future development or expansion. Its strategic location places it adjacent to Delta College and WNEM TV 5, ensuring high foot traffic and strong brand recognition. This is a rare opportunity to acquire a well-maintained, historically significant building in a thriving urban area. The owner's retirement makes this a particularly timely acquisition for discerning investors seeking a stable, income-generating asset in a desirable Michigan location. The building's substantial size and prime location offer significant potential for long-term growth and return on investment.

• Alternative Use

  Use

  Valuation

  Residential

  $4,898,608

  Hospitality

  $4,487,100

  Educational

  $3,733,214

  Medical

  $3,861,605

  Retail

  $5,807,222

Location Insight

City

Saginaw

County

Saginaw

State

Michigan

Latitude

43.4332

Longitude

-83.9374

CBSA code

40980

CBSA name

SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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