417 Saginaw RdMidland, MI 48640

For Sale
$950,000

Versatile Industrial Space, Excellent Income

Overview

Added:
Feb 3
Days on market:
41
This exceptional Midland, MI industrial property at 417 S Saginaw boasts 13,398 square feet on a 0.16-acre lot. The building offers a unique blend of commercial and residential income streams. Currently, two of the four available commercial units are leased to reliable, long-term tenants with a proven history of on-time payments. These existing leases provide a stable and predictable revenue stream. The property also includes seven residential apartments on the second floor, further diversifying the income potential and adding to the overall return on investment. Two additional commercial spaces are currently vacant, presenting a significant opportunity for expansion and increased revenue generation. The strategic location between Saginaw Road and Cambridge ensures high visibility and accessibility, benefiting from consistent heavy traffic flow. Surrounding businesses are thriving, creating a strong and supportive commercial environment. The property's dual-street access enhances convenience and operational efficiency. This property offers a rare combination of immediate income, significant development potential, and a prime location, making it an attractive investment opportunity for discerning buyers seeking strong returns and long-term growth.

Property Details for 417 Saginaw Rd

Property type
Industrial properties, Other industrial properties
Square Feet
13,398 SF
Year Built
1958
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Midland
County
Midland
State
Michigan
Latitude
43.6238
Longitude
-84.22369
417 Saginaw Rd, Midland, Michigan

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417 Saginaw Rd
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