653 S Saginaw ST Flint, MI 48502

$850,000
653 S Saginaw ST, Flint, MI 48502
218011721

Commercial Property for sale in Flint, MI

for $850,000. This 30,000 square foot building was built in 1931 on a lot size of 0.24 Acre(s).

Property Information

  • $850,000
  • Commercial
  • 30,000 Square Feet
  • Taxes are $11,156
  • Office
  • Active
  • Lot size of 0.24 Acre(s)
  • Built in 1931
  • Flint, MI
  • East Neighborhood
  • Genesee County
  • MLS/Web ID is 218011721

Description

The Paterson Building is a beautiful example of preserved history in downtown Flint with its Art Deco style and gorgeous masonry. Originally constructed in 1931, the building has been very well maintained and is currently 85% occupied. The Paterson Building is a mix of first floor retail spaces and second & third floor offices, largely occupied by lawyers and business professionals. Lower level parking garage offers additional income with parking attendant overseeing 45 spaces. This building offers a rare opportunity to own a historically prominent building in the heart of downtown Flint with immediate rental income. Call for more information or to schedule a showing. Current Use: Commercial, Business Type: Office, Retail, Lot Dimensions: 74x157x79x155

Interior 4

Heating Source

  • Electric
  • Natural Gas

Heating System

  • Central Heat
  • Forced Air
  • Hot Water
  • Window Unit(s)

Interior

  • Smoke Alarm

Water Source

  • Municipal

Exterior 4

Construction

  • Block

Foundation

  • Basement
  • Poured

Road Frontage

  • Paved

Zoning

  • Commercial

Miscellaneous 2

Acceptable Finance

  • Cash
  • Conventional

Commercial

  • Elevator (Passenger)
  • Sprinkler System

† Excluded Feature

Additional Info

<p><img src="https://images.weichert.com/mlslogoimages/rc_sml.gif" style="float:left;" alt=""/> Provided through IDX through Realcomp II Ltd. Courtesy of WEICHERT, REALTORS®” “Copyright 2014 Realcomp II Ltd. Shareholders</p> <p>&copy; 2018 Realcomp Ltd. All rights reserved.</p>

Neighborhood & Schools

School District: Flint

Listed By

Listing Agent: Edward S Constable
Broker: TREMAINE REAL LIVING REAL EST

653 S Saginaw ST , Flint, MI, 48502 is a Commercial Property for sale at $850,000 with 30,000 sqft and a lot size of 0.24 Acre(s). 653 S Saginaw ST has 0.0 baths and was built in 1931. The property's zip code is 48502 which is in Flint, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Flint $225,274 73 % below $149,900 82 % below
Commerical listings in Flint $319,492 62 % below $200,000 76 % below

Get the facts about Flint, MI!

Population 88,088
Population Growth (since 2000) -29 %
Median Income $24,994
Median Age 34.85
Households w/ Children 28 %

Residential Dwellings

  • Owned 19321
  • Vacant 9366
  • Rented 15535

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