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8175 Gratiot Road, Thomas Twp, MI 48609
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Commute
Transportation
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$1,900,000
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Home Details for 8175 Gratiot Road
Price
$1,900,000
Type
Commercial/Industrial
Year Build
1987
Sq. Ft.
53726
Lot Size
6.93
County
Saginaw
Tax
$33,756.71
MLS®️ Listing#
61050108878
On exitrealty.com
576 days
Property Description
This impressive commercial retail property is an outstanding investment opportunity, featuring a total of 53,726 square feet with long-term tenants occupying the space. With 90% occupancy, this property has a proven track record of success, ensuring a stable source of income for potential investors. The property's recent updates, including a newer front parking lot and roof replacements, ensure that it is well-maintained. With its prime location and desirable features, this commercial retail property is a must-see for any serious investor looking to expand their portfolio. Recent rent increases have raised the cap rate.
Listing courtesy: NextHome Greater Tri-cities - 989-759-9606
The accuracy of all information, regardless of source, is not guaranteed or warranted. Allinformation should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided through IDX through Realcomp II Ltd. Courtesy of EXIT REALTY GROUP. © 2024 Realcomp II Ltd. Shareholders.
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