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Listed price in listed location currency (USD).
$349,900

000

MLS® 20261015119

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 52893 sqft
Garage No
HOA Fees 
Taxes $27,348
Days Active 1
Approx. Age 1955
Avg. Price Per Sqft $6
MLS® Number 20261015119

Property Address: 1413 Gratiot Avenue, Saginaw, MI, 48602

Average square foot calculated using Size range provided by listing agent.

Description

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
MLS® Number20261015119
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1955
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 10, 2026List Date
$349,900List Price
  • Commute

Commute

Starting Address
Destination Address
1413 Gratiot Avenue, Saginaw, MI

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