Property summary
This exceptional seven-story office building, located at 515 N Washington Ave in Saginaw, Michigan, 48607, presents a unique investment opportunity. Built in 1962, the 58,211 square foot building offers a variety of office space options, suitable for traditional office setups, creative work environments, co-working spaces, or executive offices. The property sits on seven acres of land and boasts multiple tenancies, with three units currently available on the fourth floor, totaling approximately 2,000 square feet. Individual suites range from 260 to 1,023 square feet, providing flexibility for businesses of various sizes. The building features elevators for convenient access to all seven floors. Currently, 2,043 square feet of space is vacant. Ample parking is available, and the location offers stunning river views. This prime downtown Saginaw location provides excellent visibility and accessibility. The property's versatility and desirable location make it an ideal choice for businesses seeking a prominent presence in the heart of Saginaw. Don't miss this chance to secure your space in this well-established building.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Social Service Agency Charitable Organization
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Counselor
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Pharmacy
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Travel Agency
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RMU · Saginaw, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for RMU in Saginaw, MI.
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Find the owner behind the property.
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