Rayburn Real Estate Properties

Old World Village – 2200SF Condo – Grand Blanc

11225 S Saginaw St. Grand Blanc, MI 48439
PRICE: $360,000

Nice business/retail condo on busy Saginaw St. at Center Rd. in Grand Blanc. Old World Village has nine occupants. This particular unit is currently leased by RLM Financial. RLM will be vacating in the Spring.

Suite is composed of two combined units of 1100 sf each for a total floor area of 2200sf. It could easily be converted back to two units. It is built-out with six very nice offices and two restrooms. There have been many upgrades to the plaza over the past several years. The parking lot is in good condition and there is plenty of parking.

Co-tenants/co-owners include: Nuevo Vallarta Mexican Restaurant State Farm Insurance Adore Lash Studio Main Street Salon Prana Yoga Grand Blanc Barber Shop Shopaholic Grand Blanc Eyes and Complete Chiropractic.

Plaza is shadow-anchored by a diverse class of businesses including national and regional retailers: Walmart Sam’s Club Tim Horton’s Big Boy Aubree’s Pizza Starbucks Dollar Tree Wendy’s Auto Zone PetSmart and Kohl’s along with local service-related businesses.

This is a fantastic opportunity to OWN a versatile commercial unit that is in great shape located in a high traffic area with nearby access to major highways and surrounded by a plethora of strong businesses.

Seller will consider land contract.

Advanced Fields

Street Address: 11225 S Saginaw St. Grand Blanc, MI 48439
City: Grand Blanc
PRICE: $360,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Zoning: B-2, Community Business
Last Updated: 12/27/2018

Listing Information

Building Size(RSF): 2,200 SF
Gross Building Area: See Agent
Usable Size: 2,200 SF
Total Number of Buildings: 9
Ceiling: 10 ft.
Property Subtypes: Street Retail
Property Use Type: Vacant/Owner-User Business
Condo? Yes
Parking Type: Asphalt parking lot, landscaped, in very good shape. Plenty of parking.
Total Parking Spaces: 12
Site Description: Site is situated at the southeast corner of Saginaw St. & Center Rd. in Grand Blanc, MI. There is plenty of parking. It is located on a primary MTA (bus line) route.
Building Name Old World Village
Year Built: 1984
Year Renovated: 2015
Property Condition: Excellent
Interior Description: Built out for financial office use with 5-6 offices and two restrooms.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Exterior Description: Very nice brick construction. Looks beautiful.
Roof Type: Gable
Construction/Siding: Brick
Water Service: Municipal
Sewer Type: Municipal

Lot Information

Zoning Description: B-2, Community Business
Legal Description: 56-16-626-004 UNIT D OLD WORLD VILLAGE CONDO (18) FROM 56-16-526-042

Commercial Listing Fields

Location Details

Nearest MSA: Flint
TAX ID/APN: 56-16-626-004
Taxing Authority: Grand Blanc
Largest Nearby Street: Center Rd.
Highway Access: M-54, I-75, I-475
Property Located Between: Flint and Holly
Property Visibility: Excellent
Retail Clientele: General, Family, Business, Other
Tenancy: Multiple Tenants
Airports: Flint Bishop Airport - 8 Miles

Demographic Statistics

Proximity: 5 miles
Total Population: 108,907
Median Age: 37.25
Households: 43,669