Roosevelt

Retail-Commercial for Sale
Catylist Listing ID: 30372781
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 6,900 SF
Gross Land Area: 14,800 SF
Sale Price: $39,000
Unit Price: $5.65 PSF
Ceiling: 14 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Roosevelt
Usable Size (USF): 20,000 SF
Core Factor: 100%
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/11/2019

Overview / Comments

6,900 sf 3 story Brick Building located Down-town, Heavy traffic on Genessee ave. 200' away. Has elevator, stairway, over Head Door for Truck entry. Has Sprinkler System.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Saginaw
Tax ID/APN: 03 0461 00000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Genessee ave & I-675
Property Visibility: Good
Largest Nearby Street: E. Genessee Ave.
Traffic/Vehicle Count: 40,000
Highway Access: I-675
Airports: MBS, Flint
Site Description: Street access.
Area Description: Down-town
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 6,900 SF
Property Condition: Good
Year Built: 1910
Year Renovated: 1980
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Good condition.
Total Parking Spaces: 16
Parking Type: Surface
Parking Description: 7,800 sf ,lot across street. Considerable vacant land @ Building, could be added to the Property.
Passenger Elevators: 1
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas, Space Heaters
Heat Source: Ceiling Units
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Dialup, Other
Interior Description: Needs updating.
Zoning Description: Commercial, in down-town area
Lot Frontage: 83'
Lot Depth: 76
Water Service: Municipal
Sewer Type: Municipal
Easements Description: None
Land Ownership: Fee Simple
Legal Description: Lot 8

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,509 69,820 108,793
Median Age: 35.79 34.71 38.03
Households: 3,214 27,321 44,221

Contact

Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
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