Retail-Commercial for Sale
Catylist Listing ID: 29623345
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 6,322 SF
Gross Land Area: 1.96 Acres
Sale Price: $499,000
Unit Price: $78.93 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Ponderosa Steakhouse
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 10/20/2016

Overview / Comments

Former ponderosa Steakhouse building with approximately 6,322 sq ft. Seating capacity for 218. Great visibility on Bay Rd. Building sits on just under 2 acres of prime retail frontage. See attached property layout. All FF & E for sale at $40,000. Also for lease at $4,500 per month NNN. All measurements estimated and should be verified by buyer.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 23-12-4-10-1012-000
Zoning: B-4
Market Type: Medium
Retail Clientele: General, Business
Property Located Between: Schust & Shattuck
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: On Bay Rd.
Highway Access: Approximately 2 miles from 675
Area Description: Heavy retail corridor
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,322 SF
Property Condition: Average
Year Built: 1972
Year Renovated: 2011
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: ample parking
Heat Source: Central
Air Conditioning: Engineered System, Package Unit
Interior Description: Building still has all FF & E see photos
Zoning Description: Commercial
Easements Description: Unknown
Legal Description: N 300 FT OF E 420 FT OF N 43 ACRES OF S 1/2 OF NE 1/4 EX C E 210 FT OF N 150 FT THEREOF ALSO EXC E 60 FT FOR HWY 2.68 ACRES SEC 10 T12N R4E

Attachments & Media

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,796 66,567 113,792
Median Age: 38.74 39.04 37.51
Households: 3,449 27,485 45,661


Photograph of Listing Agent

Brandon LaBelle

LaBelle Realty CPIX Member
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