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About This Home
This 0-bedroom, 0-bathroom commercial at 1413 Gratiot Avenue in Saginaw, MI is listed for $349,900 ($7 per sqft). Built in 1955, the home offers 52,893 sqft of living space on a 9.00 acres lot.
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
Key Features
- Built in 1955
- 9.00 acre lot
Property Details
Monthly Cost Estimate
$1,871/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1413 Gratiot Avenue
Saginaw, MI 48602
Binder & Seyffardts Add
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1413 Gratiot Avenue is listed at $349,900 ($7/sqft). The estimated monthly payment is $1,516 based on 20% down at 6.5% interest.
Key features include: Built in 1955, 9.00 acre lot.
This property is listed by MK Hamid and can be reached at 8336117653 or mkhamid.c21@gmail.com.
