Excellent Investment Opportunity

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29893514
Property Subtypes: Mixed Use, Street Retail, Other
Status: Pending
Building Size (RSF): 4,840 SF
Gross Building Area: See Agent
Sale Price: $99,900
Unit Price: $20.64 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2017

Overview / Comments

This iconic building in Downtown Saginaw that has been home to Alfano's shoes for 52 years is now available for sale. This two story building is in the heart of the Downtown Redevelopment area which are home to Michigan Works and the exquisitely remodeled Bancroft and Eddy Buildings.

There are two floors with 20' of retail frontage on Federal. It is currently set up as retail in the front with a large warehouse in the rear of the building. The second floor was used as office space and has two separate bathrooms.

The building has three furnaces, central air, a sophisticated camera system as well as an alarm system.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 03-0227-00000

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,296 70,867 112,925
Median Age: 34.84 35.12 37.83
Households: 3,101 28,080 45,989
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