500 Hamilton StSaginaw, MI 48602
- Other commercial real estate
- 1.37 AC
Property Details for 500 Hamilton St
- Lot size
- 1.37 AC
- Zone code
- RMU
- Property type
- Other commercial real estate
- APN
- 91-70-0-24-0000-000
- APU
- 91700240000000
Description
This exceptional commercial property, located at 500 S. Hamilton in Saginaw, Michigan, presents a unique investment opportunity. The 3-story, 37,186 square foot building, constructed in 1912 and renovated in 2012, sits on a substantial 2.72-acre lot. Currently vacant, this Class C building offers immense potential for redevelopment or repurposing. The property boasts a convenient elevator and a sprinkler system, enhancing its functionality and safety. With a parking ratio of 3 spaces per 1,000 square feet, ample parking is available. The permitted zoning is RMU-RC, allowing for a variety of commercial uses. Its prime location at the entrance to Old Town Saginaw makes it an ideal site for a mixed-use project. The building's rich history and substantial size, combined with its strategic location, make this a compelling investment prospect. The asking price is $889,000. The property's zip code is 48602, and it is situated in Saginaw County.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $11,693,371
- Hospitality
- $10,711,065
- Educational
- $8,911,480
- Medical
- $9,217,960
- Retail
- $13,862,303








Location Insight
- City
- Saginaw
- County
- Saginaw
- State
- Michigan
- Latitude
- 43.4138
- Longitude
- -83.9667
- CBSA code
- 40980
- CBSA name
- SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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