2138 N Carolina St Saginaw, MI 48602

Property Details for 2138 N Carolina St

Year built

1934

Lot size

3.21 lot acres

Property size

32,682 SF

Zone code

R-3

Property type

Commercial real estate

APN

91-30-2-84-9000-000

APU

91302849000000

Description

This exceptional 32,682 square foot industrial property in Saginaw, Michigan, presents a unique investment opportunity. Situated on a generous 3.49-acre lot, the property boasts a prime location and is ideally suited for redevelopment. City-approved plans are available for a 50-bed senior care facility, representing a significant potential for future income generation. Detailed construction plans and drawings are ready for immediate review and pickup, streamlining the development process. The campus-like setting offers a tranquil and appealing environment for residents, enhancing the property's desirability. The existing building provides a solid foundation for the proposed project, minimizing initial construction costs. This turnkey opportunity combines the advantages of a pre-approved development plan with a substantial land area, making it an attractive proposition for investors seeking a high-return project in a growing market. The property's size and location offer flexibility for alternative uses, should the senior care project not be pursued. This is a rare chance to acquire a well-positioned industrial site with significant development potential in a desirable Michigan location. The asking price of $525,000 reflects the exceptional value and potential of this property. Serious inquiries are encouraged to review the available plans and explore the possibilities.