714 N SAGINAW Street Holly, MI ^$ 1,399,000

714 N SAGINAW Street

^$ 1,399,000

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714 N SAGINAW Street

Holly, MI, 48442

^$ 1,399,000

Studio Baths0.0 Sq 24,726

Monthly Estimate*

^$ 9,298

714 N SAGINAW Street, Holly, MI 48442 - Image 1

714 N SAGINAW Street, Holly, MI 48442 - Image 2

714 N SAGINAW Street, Holly, MI 48442 - Image 3

714 N SAGINAW Street, Holly, MI 48442 - Image 4

714 N SAGINAW Street, Holly, MI 48442 - Image 5

714 N SAGINAW Street, Holly, MI 48442 - Image 6

714 N SAGINAW Street, Holly, MI 48442 - Image 7

714 N SAGINAW Street, Holly, MI 48442 - Image 8

714 N SAGINAW Street, Holly, MI 48442 - Image 9

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Studio

Commercial Property for sale in Holly, MI

for $1,399,000. This 24,726 square foot building was built on a lot size of 2.77.

Excellent and profitable investment opportunity. 100% leased on multi-year rental agreement. 24,735 total square feet, comprised of all open warehouse space. Many updates and improvements in the last year. Total of 2.77 acres comprised of two non-contiguous parcels. Main parcel is 1.93 acres. New asphalt and new security fencing installed in 2022. Pitched portion of roof was replaced in 2019. 3-4 miles from US-23 and I-75. 5 year lease was entered into in fall of 2021.

Commercial Active

Price

^$ 1,399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,666

Style

Commercial/Industrial

Lot Size

2.77

Town/City

Holly

County/Region

Oakland

MLS | Web ID

60137107

Features

General

Heating Forced Air Radiant

Possession At Close

Roof Rubber

Exterior Features Security Lighting

Water Public Water

Status Active Active

Subdivision SUPRVR'S PLAT NO 6 - HOLLY VLG MI

Water Heater Gas

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Holly

Zoning Commercial Industrial

Commercial Features 220 Volt Power 3 Phase Power 440 Volt Power Fence Overhead Doors

Area Holly (63265)

Primary City Holly

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20221039549

Directions Grange Hall to Saginaw Rd S to property and building on L (East) Side

City Holly

Street Name SAGINAW

Financial Terms Cash Conventional

Legal Description T5N R7E SEC 34 SUPERVISOR'S PLAT NO 6 LOT 10 EXC BEG AT NW LOT COR TH N 89-58-20 E 55 FT TH S 04-58-30 E 144.38 FT TH S 07-55-40 W 121.39 FT TH N 89-59-20 W 55 FT TH N 00-51-20 E 264.03 FT TO BEG

DOM 629

Postal Code 48442

Price Per Sq Ft Total 56.58

Coming Soon Excellent and profitable investment opportunity. 100% leased on multi-year rental agreement. 24 735 total square feet

Exterior

Frontage 293

Lot Size Area 2.77

Lot Dimensions 293x290x267x312

Roads Class A

Waterfront Y/N No

* Excluded Features

List By

Christopher Mersino

Listing Agent

Mba Real Estate Services

Broker

cmersino@mba-res.com

Affordability Calculator

$9,437

Per Month

Monthly Principal & Interest: $9,298
Monthly Property Taxes: $139
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Holly, MI

Average List Price ^$350,595

Percent of Sale Price 75%

About Holly, MI

6,225 Population

1% Since 2002

^$54,107 Median Income

38.61 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2024	$1,399,000	-6.67%	Price Down
3/14/2024	$1,499,000	-8.60%	Price Down
2/2/2024	$1,640,000	-8.38%	Price Down
8/31/2023	$1,790,000	-10.05%	Price Down
9/8/2022	$1,990,000		Listed Price

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714 N SAGINAW Street, Holly, MI, 48442 is a Commercial Property for sale at $1,399,000 with 24,726 sqft and a lot size of 2.77. 714 N SAGINAW Street is a studio with 0.0 baths. The property's zip code is 48442 which is in Holly, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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714 N SAGINAW Street

Commercial Property for sale in Holly, MI

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