1010 Saginaw St Holly, MI 48442-1351
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.