Property profile

910 N Saginaw St Saint Charles, MI 48655

FOR SALE
Commercial real estate
Property ID
US43-5235208
5,656 SF 0.69 ac lot Built 1948
Trust Owned 18-yr Hold Free & Clear
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910 N Saginaw St, Saint Charles, MI 48655 For Sale
Contact for pricing 5,656 SF
910 N Saginaw St, Saint Charles, MI 48655
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 910 N Saginaw St, Saint Charles, MI 48655, presents a unique investment opportunity. The 6,000 square foot building sits on a one-acre lot and is zoned for commercial use (commercial improved 201). Originally constructed in 1940 and renovated in 1990, the structure boasts a single story and offers a versatile layout ideal for a variety of businesses. Approximately 1,700 square feet is dedicated to garage space, perfectly suited for an auto shop or similar use. The remaining square footage is adaptable for office or retail purposes, providing flexibility for diverse business needs. The property's prime location in Saint Charles, Saginaw County, Michigan, offers excellent visibility and accessibility. With its substantial size and adaptable space, this property is well-positioned for strong returns. The asking price is $450,000. This is a rare chance to acquire a well-established building with significant potential in a thriving Michigan community. The property's history as a car dealership provides a solid foundation for continued success in the automotive or related industries. Don't miss this opportunity to own a piece of Saint Charles' commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Total area 5,656 SF
Lot 0.69 ac (30,056 SF)
APN 24-10-3-05-0374-500
UPID US43-5235208

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

910 N Saginaw St Saint Charles, MI 48655
Saint Charles metro Census 12600 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2007
$150,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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