1010 N SAGINAW Street $725,000

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    1010 N SAGINAW Street Holly, MI 48442

    • 4,480 sq. ft.
    • 2.11 Acres
    • Commercial
    • MLS# 60260470
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    Views: 88 Days On Site: 407

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    Property Details

    Welcome to an incredible investment opportunity in the heart of downtown Holly! This expansive 4,000+ square foot building offers a perfect blend of location, size, and rental income potential. **Key Features:** 1. **Ideal Location**: Situated in the bustling downtown district of Holly, this property enjoys high foot traffic and excellent visibility. It's surrounded by shops, restaurants, and local attractions. 2. **Mixed-Use Potential**: With over 4,000 square feet of space, this building is versatile and suitable for various commercial purposes. Whether you envision a retail store, office space, or a combination of uses, this property can accommodate your needs. 3. **Existing Rental Income**: One side of the building is already rented out, providing immediate rental income. This is an attractive feature for investors looking for cash flow from day one. Possibility of other side be rented out as well. 6. **Expansion Potential**: The 2 acres of property offers the opportunity for expansion or customization to suit your specific business requirements. Don't miss out on this exceptional investment property in the heart of downtown Holly. Take advantage of the existing rental income and the limitless possibilities this spacious building offers. Contact us today to schedule a viewing and explore the potential of this prime commercial real estate.

    • General Features
      • Acreage 2.11
      • Area Municipality Holly (63265)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision SUPRVR'S PLAT NO 6 - HOLLY VLG
      • Total SqFt Finished 4480
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Foundation Type Basement
      • Heating System Wall Heat
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48442 (Holly) Demographics

    44 Median Age
    245 Population Density (per sq. mile)
    34% College Educated
    $68,099 Estimated Median Income
    6,800 Estimated Total Home Owners
    2,279 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,858 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $285,750 Median Sales Price
    20 Homes Sold
    19 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $725,000
        5/26/2024 10:20:09 AM Price Reduced Source: Multiple Listing Service New Value: $725,000 -39.58%
        10/3/2023 1:22:00 PM New in Database Source: Multiple Listing Service New Value: $1,200,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.