Vacant Land for Sale
Catylist Listing ID: 30214620
Property Subtypes: Retail-Pad, Other
Gross Land Area: 1.57 Acres
Sale Price: $850,000
Unit Price: $541,401 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2018

Overview / Comments

REDUCED! A RARE FIND!!! Downtown City of Saginaw parking lot. Corner Parcel with traffic light, across from The Dow Event Center, view of the Saginaw River, next to the City of Saginaw owned Riverfront Property, Visibility from I-675, kitty corner from the Downtown Dow Event Center Parking Garage, near (within 2 doors down from) The Saginaw Club and Temple Theatre, Income Producing-currently generating income annually from the $5 per car charge during Dow events. According to the Seller, the parking lot has 190 parking spaces, 1.56 acres, 200' frontage on Johnson Street and 341' on Washington Ave.

OR could be a great CORNER for redevelopment. This location was once home to a McDonald's Restarant prior to becoming a "pay for parking" parking lot. Don't hesitate! Please call for all the details 989-792-6400!

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: CITY OF SAGINAW

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,694 70,867 118,450
Median Age: 34.21 35.12 37.07
Households: 3,966 28,080 47,419


Photograph of Listing Agent

Gretchen Witherspoon,SIOR,CCIM

Trademark Commercial Group CPIX Member
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