11901 Saginaw St Mount Morris, MI 48458
- Commercial real estate
- 2,357 SF
- 0.39 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11901 Saginaw St
- Year built
- 1958
- Lot size
- 0.39 lot acres
- Property size
- 2,357 SF
- Zone code
- R-1 SF PUD
- Property type
- Commercial real estate
- APN
- 57-01-400-002
- APU
- 5701400002
Description
This 11,440-square-foot retail building, constructed in 2000, presents a compelling investment opportunity. Located on a 1.32-acre lot at the signalized corner of North Saginaw and West Mt. Morris Streets in Mt. Morris, Michigan, this Class B property boasts excellent visibility and accessibility. The building features 60 surface parking spaces, catering to ample customer convenience. The property is currently vacant, offering a blank canvas for a new tenant or owner-occupier. With a remaining lease term of 10 years, this fee simple ownership provides long-term potential. The high-traffic location benefits from significant daily vehicle counts: 9,000 vehicles per day on North Saginaw Street and 6,000 vehicles per day on West Mt. Morris Street. The surrounding area includes established residential subdivisions, contributing to a strong customer base. The average household income within a five-mile radius is $54,000, indicating a healthy consumer market. This former pharmacy/drug store offers a versatile space suitable for a variety of retail uses. The property's size, location, and parking make it an ideal investment for a discerning buyer. The zip code is 48458.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $70,000
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Location Insight
- Map
- Local Demand
- City
- Mount Morris
- County
- Genesee
- State
- Michigan
- Longitude
- -83.6948
- Latitude
- 43.1207
- CBSA code
- 22420
- CBSA name
- FLINT, MI METROPOLITAN STATISTICAL AREA
