Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Physician Medical Clinic
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Physician
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Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Saginaw, MIR-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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1 in Saginaw, MI.
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