Property summary
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
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Medical Clinic Skin Care Clinic
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Nail Salon
Location
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 2024Property description
Physical attributes from public recordsZoning & alternative use
R-O · Durand, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R-O in Durand, MI.
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