417 Saginaw Rd Midland, MI 48640-4520

Property Details for 417 Saginaw Rd

Year built

1958

Lot size

0.17 lot acres

Property size

13,398 SF

Zone code

RC

Property type

Retail residential properties

APN

14-15-80-476

APU

141580476

Description

This exceptional Midland, MI industrial property at 417 S Saginaw boasts 13,398 square feet on a 0.16-acre lot. The building offers a unique blend of commercial and residential income streams. Currently, two of the four available commercial units are leased to reliable, long-term tenants with a proven history of on-time payments. These existing leases provide a stable and predictable revenue stream. The property also includes seven residential apartments on the second floor, further diversifying the income potential and adding to the overall return on investment. Two additional commercial spaces are currently vacant, presenting a significant opportunity for expansion and increased revenue generation. The strategic location between Saginaw Road and Cambridge ensures high visibility and accessibility, benefiting from consistent heavy traffic flow. Surrounding businesses are thriving, creating a strong and supportive commercial environment. The property's dual-street access enhances convenience and operational efficiency. This property offers a rare combination of immediate income, significant development potential, and a prime location, making it an attractive investment opportunity for discerning buyers seeking strong returns and long-term growth.