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About the Listing 108300 - 607391
This impressive commercial retail property is an outstanding investment opportunity, featuring a total of 53,726 square feet with long-term tenants occupying the space. With 90% occupancy, this property has a proven track record of success, ensuring a stable source of income for potential investors. The property's recent updates, including a newer front parking lot and roof replacements, ensure that it is well-maintained. With its prime location and desirable features, this commercial retail property is a must-see for any serious investor looking to expand their portfolio. Recent rent increases have raised the cap rate.
Listing Highlights for 8175 Gratiot
Status
Active
Days on Site
853
Property Type
Commercial Sale
MLS ®
50108878
Year Built
1987
Total Square Footage
53,726
Lot/Acreage
6.93
County
Saginaw
Area
Thomas Twp (73025)
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 53726
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: irregular
- Zoning: Commercial
- Roof: Shingles
- Others:
- Sewer: Public Sanitary
Financial Details
- Tax Amount: $33,757
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2022
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
8175 Gratiot Saginaw, MI 48609
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