# 1413 Gratiot Avenue, Saginaw, MI 48602

> **TL;DR:** commercial, $349,900 ($7/sqft), built 1955, 52,893 sqft. Est. $1,516/mo. Listed 84 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $349,900 |
| Price/sqft | $7 |
| Square Feet | 52,893 |
| Year Built | 1955 |
| Lot Size | 392,040 sqft (9.00 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 84 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,516 |
| **Total** | **$1,516** |

## Property Highlights

- Built in 1955
- 9.00 acre lot

## Description

### 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

## Location

- **Address:** 1413 Gratiot Avenue, Saginaw, MI 48602
- **County:** Saginaw
- **Neighborhood:** Binder & Seyffardts Add

## Listing Agent

- **Name:** MK Hamid
- **Brokerage:** Century 21 Curran & Oberski
- **Phone:** 8336117653
- **Email:** mkhamid.c21@gmail.com

## Primary Photo

![1413 Gratiot Avenue - Primary Photo](http://lh.rdcpix.com/60da42ce634d9f813b5b448f03a5fdfcl-f4058326195r.jpg)

*73 total photos available on [listing page](https://www.propertysimple.com/listing/1413-gratiot-avenue-saginaw-mi-48602-61015119)*

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**MLS#:** 20261015119 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1413-gratiot-avenue-saginaw-mi-48602-61015119)

---

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