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6270 State St 3,880 SF 68% Leased Retail Building Saginaw, MI 48603 $836,156 CAD ($215.50 CAD/SF) 8.97% Cap Rate
INVESTMENT HIGHLIGHTS
- Full Leased Investment Property
EXECUTIVE SUMMARY
Looking for a profitable investment property? Check out this property in Saginaw Township, leased and ready to provide a steady stream of income. Don't miss out on this wonderful opportunity!"
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$75,003
|
$19.33
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $75,003 |
| Annual Per SF | $19.33 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,880 SF
Building Class
B
Year Built
1970
Price
$836,156 CAD
Price Per SF
$215.50 CAD
Cap Rate
8.97%
NOI
$75,003 CAD
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.89 AC
Zoning
B-1 - General Business District
Parking
20 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
150’ on State St
AMENITIES
- 24 Hour Access
- Drive Thru
- Monument Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 2
- 1,232 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2 | 1,232 SF | Office | - | Now |
2
| Size |
| 1,232 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 23124184115000 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $202,363 CAD (2025) |
PROPERTY TAXES
Parcel Number
23124184115000
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$202,363 CAD (2025)
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6270 State St
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