Gilbert-Smith Law Office | 721 S Michigan Ave
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Gilbert-Smith Law Office 721 S Michigan Ave
5,367 SF 100% Leased Office Building Saginaw, MI 48602 $199,900 ($37/SF)
Investment Highlights
- Former Historical Mansion, with numerous up grades, well maintained, and has very impressive eye appeal.
- Classic and Stately
- Great site for a multiple living complex, has been well maintained. A former historical mansion.
- Beautiful wood work throughout the building, has 2,453 sq. ft. basement area.
Executive Summary
Very Nice Law office located 2 blocks from the Saginaw County Court House, a former historical mansion remodeled into law offices. Reception area, Library, Conference Room, 2 General offices, 3 Private offices, Rest Room on the First Floor. The 2nd Floor has 4 private offices, 2 secretary stations and a restroom. The basement area has a large office, archive area, restroom, lunchroom, Boiler area, newer Boiler (9 years) plus Gas Forced air heat, with air-conditioning, newer shingle roof, handicap ramp, alarm system, ample asphalt parking lot (20 plus cars)
The building is well maintained and would make a lovely multiple residential living site. Located at the corner of Michigan Ave. & Williams St. (one way).
The building is well maintained and would make a lovely multiple residential living site. Located at the corner of Michigan Ave. & Williams St. (one way).
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
5,367 SF
Building Class
C
Year Built/Renovated
1874/1979
Price
$199,900
Price Per SF
$37
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,684 SF
Slab To Slab
10’
Building FAR
0.37
Lot Size
0.33 AC
Zoning
RMU - 201 COMMERCIAL IMPROVED
Parking
21 Spaces (3.91 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
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Walk Score ®
Very Walkable (78)
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Gilbert-Smith Law Office | 721 S Michigan Ave
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