Property profile

805 Saginaw St Durand, MI 48429

OFF-MARKET
Office buildings
Property ID
US43-2332913
936 SF 0.2 ac lot
Individually Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, situated at 805 N Saginaw Street in Durand, Michigan, presents a fantastic business opportunity at an attractive price point of $139,000. The building boasts a convenient 0.2-acre lot, providing ample space and visibility. The property features a well-designed layout including three private offices, perfect for individual workspaces or team collaboration. A welcoming lobby area creates a professional first impression for clients and visitors. The inclusion of a kitchen and one bathroom adds to the functionality and convenience of the space. The building offers both a commercial front entrance for public access and a private side entrance, enhancing security and flexibility. On-site amenities include a convenient shed for storage and a private parking area, eliminating the hassle of finding parking in a busy commercial district. The property benefits from moderate traffic flow and excellent visibility, being strategically located next to Little Caesars Pizza in the heart of Durand, ensuring high foot traffic and brand recognition. This turnkey commercial space is ready for immediate occupancy and presents a rare opportunity to establish or expand a business in a thriving community. The property's combination of location, features, and price makes it an ideal investment for a wide range of commercial ventures.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 936 SF
Lot 0.2 ac (8,843 SF)
Zoning code R-O
APN 020-82-091-000
UPID US43-2332913

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
  • Real Estate Agency
  • Medical Clinic Skin Care Clinic
  • Nail Salon

Location

805 Saginaw St Durand, MI 48429-1263
Durand metro Census 31900 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2014
2 recorded transactions
2014
$85,000
2009
$85,000

Zoning & alternative use

R-O · Durand, MI
General category MIXED_USE

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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