925 Michigan Ave, Saginaw, MI 48602
This exceptional 21,437 square foot office building, located at 925 N Michigan Ave in Saginaw, Michigan, presents a unique investment opportunity. Built in 1916 and renovated in 1988, this Class B property boasts a multi-tenant occupancy structure with a modified lease type. The building comprises four stories and offers easily divisible floor plans, catering to a variety of business needs. Several spaces feature private restrooms and private entrances, enhancing privacy and convenience. The property includes attractive amenities such as several rooftop patios and break areas, ideal for employee relaxation and client meetings. Ample parking is provided with 93 spots, and five common area restrooms are available for tenant and visitor use. The building's high visibility signage on Michigan Avenue ensures excellent brand exposure. Original and upscale finishes throughout create a unique and sophisticated atmosphere for both clients and staff. The property is zoned RMU and sits on a 15 0170 00000 APN. The asking price is $475,000, translating to $22.16 per square foot. This vacant building offers a blank canvas for an owner/user or investor seeking a prominent presence in Saginaw. The property's combination of historic charm, modern amenities, and prime location makes it an exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.