1413 Gratiot Ave 55,000 SF Health Care Building Offered at $479,208 CAD in Saginaw, MI 48602

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