1525 Schust Road Saginaw, MI ^$ 659,000

1525 Schust Road

^$ 659,000

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1525 Schust Road

Saginaw, MI, 48604

^$ 659,000

Bedrooms-- Baths-- Sq 10,432

Monthly Estimate*

^$ 4,111

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Commercial Property for sale in Saginaw, MI

for $659,000. This 10,432 square foot building was built in 1977 on a lot size of 1.25.

Investment Opportunity â 16-Unit Apartment Building Prime 16-unit apartment complex situated on a corner lot with excellent visibility and parking in front. Property features: Unit Mix: 2 studios, 12 one-bedroom units, and 2 two-bedroom units Fully Rented: Strong rental history with 100% occupancy Updated Systems: Newer roof and separate utility meters Tenant-Paid Utilities: Tenants cover gas and electric On-Site Amenities: Laundry facilities for added convenience. A solid income-producing property with long-term upside potential.

Commercial Active

Price

^$ 659,000

Property Type

Commercial

Taxes

^$ 11,472

Style

Commercial/Industrial

Lot Size

1.25

Year Built

1977

Town/City

Saginaw

County/Region

Saginaw

MLS | Web ID

50189269

Features

General

Heating Wall Heat Electric Heat Forced Air

Cooling Ceiling Fan(s) HVAC Window Unit(s)

Roof Asphalt

Water Public Water

Status Active Active

Year Built 1977

Parking 11-20 Spaces

Subdivision Spiekermans Subdivision MI

County Saginaw

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership LLC

Municipality Carrollton Twp

Zoning Multi-Family Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features Cable Internet Installed Carpet Internet Available Fixtures Gas Available Occupied Separate Meters

Area Carrollton Twp (73008)

Primary City Saginaw

Location Corner Lot

City Saginaw

Financial Terms Cash Commercial Loan Conventional

Legal Description BEG AT CENTER POST OF SEC 1 TH W 226.92 FT TH S 240.4 FT TH E 226.96 FT TO N&S 1/4 LINE TH N 240.34 FT TO POB ALSO KNOWN AS PART OF LOTS 1 & 3 SPIEKERMANS SUB-DIV UNRECORDED 1.25 ACRES SEC 1 T12N R4E

DOM 72

Postal Code 48604

Price Per Sq Ft Total AG 63.17

Public Remarks Investment Opportunity â 16-Unit Apartment Building Prime 16-unit apartment complex situated on a corner lot with excellent visibility and parking in front. Property features: Unit Mix: 2 studios

Exterior

Exterior Brick Wood

Frontage 240

Lot Size Area 1.25

Lot Dimensions 240 x 226

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Diana Bay

Listing Agent

Century 21 Signature Realty

Broker

DianaBay@sbcglobal.net

Affordability Calculator

$5,067

Per Month

Monthly Principal & Interest: $4,111
Monthly Property Taxes: $956
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Saginaw, MI

Average List Price ^$329,181

Percent of Sale Price 50%

About Saginaw, MI

47,234 Population

-24% Since 2002

^$29,308 Median Income

35.05 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/23/2025	$659,000		Listed Price

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1525 Schust Road, Saginaw, MI, 48604 is a Commercial Property for sale at $659,000 with 10,432 sqft and a lot size of 1.25. 1525 Schust Road was built in 1977. The property's zip code is 48604 which is in Saginaw, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1525 Schust Road

Commercial Property for sale in Saginaw, MI

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