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Property profile & analytics
OFF-MARKET
Retail space

1010 Saginaw St Holly, MI 48442-1351

4,480 SF 2.11 ac lot Built 1949
Trust Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US43-1215447
Property summary
AI-generated overview

This exceptional commercial property in Holly, Michigan presents a compelling investment opportunity. Located in the vibrant downtown area, the 4,480 square foot building boasts a prime location with high visibility and foot traffic, surrounded by thriving businesses and community attractions. The property's versatility allows for a variety of commercial uses, making it ideal for retail, office space, or a mixed-use configuration. A significant advantage is the existing rental income generated from a portion of the building, providing immediate cash flow for investors. The potential for additional rental income from the remaining space further enhances the property's financial appeal. Sitting on a generous 2.11-acre lot, the property offers ample space for expansion or customization to meet specific business needs. This presents a unique chance to acquire a well-situated, income-producing asset with significant growth potential in a desirable downtown location. The combination of existing rental income, versatile space, and expansion possibilities makes this a truly remarkable investment opportunity. Don't miss the chance to own this prime commercial real estate in the heart of Holly.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Total area 4,480 SF
Lot 2.11 ac (91,912 SF)
APN IH-01-27-351-001
UPID US43-1215447
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Studley,roger J Trust · 12 yrs held
Studley,roger J Trust
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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