Property profile

4705 Towne Ctr Rd Saginaw, MI 48604

OFF-MARKET
Specialty properties
Property ID
US43-1967334
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,300 square foot medical office condominium is ideally situated within the prestigious Medical Arts Building 1 in Saginaw, Michigan, at 4705 Towne Center, Suite 304, zip code 48604. Priced at $189,900, this turnkey property offers a fantastic opportunity for medical professionals seeking a well-established and convenient location. The suite boasts two spacious private offices, perfect for consultations or administrative work, along with four well-appointed exam rooms designed for efficient patient care. A convenient kitchenette, a sizable storage room, and a full bathroom add to the functionality of the space. The suite also benefits from a shared, attractive administration and lobby area. The monthly maintenance fee of $1,549 covers essential utilities including water, sewer, heat, and the upkeep of common areas, providing a hassle-free ownership experience. This property is classified as special purpose land and is a commercial condominium. The property is located in Saginaw County, Michigan, and its precise coordinates are latitude 43.4755756 and longitude -83.9641598. This is a rare opportunity to acquire a move-in ready medical office suite in a highly desirable location. The property is offered as-is.

Property profile

Verified
Property type Specialty properties
Use group SBE - SPECIAL ASSESSMENTS
Zoning code R-1
APN 23-12-4-02-1300-000
UPID US43-1967334

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician
  • Medical Clinic
  • Physician

Location

4705 Towne Ctr Rd Saginaw, MI 48604-2818
Saginaw metro Census 10304 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2024
6 recorded transactions
2024
$200,000
2023
$130,000
2023
$150,000
2021
Price N/A
2018
Price N/A
2018
Price N/A

Zoning & alternative use

R-1 · Saginaw, MI
Zoning description

R-1 Low-Density Residential district is established as a district in which the principal use of land is for single-family dwellings. Additional uses permitted include public and institutional uses that are complementary…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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