1413 Gratiot Avenue Saginaw, MI 48602
Other
MLS #: 20261015119
Courtesy Of Century 21 Curran & Oberski
42949 Seven Mile, Northville, MI 48167
42949 Seven Mile, Northville, MI 48167
Property InformationDescription
Priced to sell at $350,000 well below land value, this 52,893 sq ft institutional facility on 9.06 acres offers one of the strongest redevelopment opportunities in Saginaw. Located at 1413 Gratiot Avenue, the property features a solid foundation, a full commercial kitchen, and a former layout of 47 rooms, previously used as an assisted living facility. The interior requires a complete rehab, making it ideal for investors seeking a large-scale value-add project. A major advantage for developers: the City of Saginaw has approved a 12-YEAR Property Tax Abatement, significantly enhancing long-term feasibility and ROI. With its size, land, and flexible potential uses including medical, senior care, behavioral health, storage, institutional, industrial, or multi-use conversion this property represents a rare, high-upside opportunity at an unbeatable price.All measurements and tax information are approximate; buyer to verify all information. Agent must be present at all showings. No power or heat at the building please bring a flashlight. Cash Only offers
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Shingle Siding
- Legal Description: PART OF LOTS 21, 22, 23, 24, 25, 26, 27 AND 28, BINDER AND SEYFFARDT'S ADDITION AS PER PLAT THEREOF RECORDED IN LIBER 38 OF PLATS, PAGE 65, SAGINAW COUNTY RECORDS, EXCEPT THAT PART SOLD TO MICHIGAN DEPARTMENT OF TRANSPORTATION, BEING PART OF THE SOUT HEAST 1/4, SECTION 27, T12N - R04E, CITY OF SAGINAW, SAGINAW COUNTY, MICHIGAN. BEING FURTHER DESCRIBED AS BEGINNING AT THE NORTHEAST CORNER OF SAID LOT 28; THENCE S00 12'35"E ALONG THE EAST LINE OF SAID LOT 28, 451.68'; THENCE N89 44'43"W, 466.47' T O THE WEST LINE OF SAID LOT 23; THENCE N00 13'26"W ALONG SAID WEST LINE, 232.14'; THENCE N89 40'25"W, 155.51' TO THE EAST LINE OF S. ELM STREET; THENCE N00 13'43"W ALONG SAID EAST LINE, 99.16'; THENCE S89 42'22"E, 155.52' TO WEST LINE OF
- MLSID: 20261015119
MAP & DIRECTIONS
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