806 Gratiot Ave Saginaw, MI 48602-2171

Property Details for 806 Gratiot Ave

Year built

1997

Lot size

1.42 lot acres

Property size

11,180 SF

Zone code

B-2

Property type

Commercial real estate

APN

91-80-0-95-5000-000

APU

91800955000000

Description

This exceptional investment opportunity presents a vacant 11,180-square-foot retail building, formerly a Rite Aid pharmacy, situated on a 1.42-acre lot in Saginaw, Michigan. Built in 1997, the property is ideally located at 806 Gratiot Ave, 48602, boasting high visibility and accessibility. The site benefits from its position along Gratiot Avenue, a major thoroughfare with a daily traffic volume of 20,800 vehicles. Furthermore, its proximity to Interstate 75 (60,600 VPD) ensures excellent regional connectivity. The property is surrounded by a strong demographic profile, with over 104,303 residents within a five-mile radius and an average household income of $63,288. This area is anchored by a variety of nationally recognized businesses, including McDonald's, Dollar General, Save-A-Lot, Jimmy John's, Rally's, and DaVita, creating a vibrant and established commercial environment. Additional community anchors include the Saginaw County Sheriff's Office and Covenant Healthcare, further solidifying the area's appeal. This vacant building presents a unique chance to acquire a substantial retail space in a high-traffic location with strong demographics and established commercial activity. The asking price for this property is $1,400,000.

Location Insight

City

Saginaw

County

Saginaw

State

Michigan

Longitude

-83.9726

Latitude

43.4154

CBSA code

40980

CBSA name

SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments