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1413 Gratiot Ave
Saginaw, MI 48602

$349,000 USD

Assisted Living For Sale  •  55,000 SF

Property Details

  • Property Type Assisted Living
  • Total Building Size 55,000 SF
  • Lot Size 9.02 AC
  • Building Class C
  • Year Built 1955
  • Zoning R-11
50 Walk Score

Highlights

Situated on 9.06 acres with a 52,893-square-foot institutional building offering extensive redevelopment potential.
Includes a full commercial kitchen and a former layout of 47 rooms, suitable for adaptive reuse.
Approved 12-year property tax abatement by the City of Saginaw, enhancing long-term investment returns.
Flexible zoning and property size allow for multiple uses, including medical, senior care, behavioral health, or industrial conversion.
Solid structural foundation provides a strong base for large-scale renovation or redevelopment projects.
Offered at $350,000, significantly below land value, creating a rare value-add opportunity in the Saginaw market.

Public Transportation

AirportDriveWalkDistance
MBS International 25 min - 13.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
MK Hamid 313-999-0380 Century 21 Curran & Oberski
MK Hamid 313-999-0380 Century 21 Curran & Oberski