530 Genesee Ave Saginaw, MI 48602
- Commercial real estate
- 11,100 SF
- 0.57 lot acres
Current Use by Public Records
- MATTRESS & FURNITURE OUTLET / Furniture Store / Mattress Store
Property Details for 530 Genesee Ave
- Year built
- 1946
- Lot size
- 0.57 lot acres
- Property size
- 11,100 SF
- Zone code
- RMU
- Property type
- Commercial real estate
- APN
- 91-40-0-50-4000-000
- APU
- 91400504000000
Description
This 11,100 square foot retail property, located at 530 W Genesee Ave, Saginaw, MI 48602, is available for redevelopment. Built in 1946 and renovated in 2022, this single-story building sits on a 32,234 square foot lot and boasts 100% occupancy. The property features high ceilings, large windows, and ample parking, making it ideal for a variety of uses, including a daycare, retail store, or restaurant. Its prime location at the intersection of State Street and W Genesee Avenue ensures high visibility and accessibility. The asking price is $400,000 ($35.06/sq ft). The property is zoned commercial and is currently operating as a Mattress and Furniture Outlet. This presents a unique opportunity for investors seeking a high-traffic location with significant redevelopment potential in a thriving commercial area of Saginaw. The property's features, including the recently renovated structure and ample parking, contribute to its strong investment potential. This is a chance to acquire a well-positioned asset in a busy commercial corridor.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saginaw
- County
- Saginaw
- State
- Michigan
- Longitude
- -83.95
- Latitude
- 43.4357
- CBSA code
- 40980
- CBSA name
- SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
