8466 Gratiot Rd, Saginaw, MI 48609

Transcription

1 Former Bob Evans Restaurant Saginaw 8466 Gratiot Rd, Saginaw, MI Listing ID: Status: Active Property Type: Retail-Commercial For Sale Retail-Commercial Type: Restaurant Size: 5,238 SF Sale Price: See Agent Sale Terms: Cash to Seller Overview/Comments Saginaw Midland Bay City Highlights: Former Bob Evans restaurant located on Gratiot Road in Saginaw. Approximately 10 miles West of I 75 and 6 miles west of the Saginaw River. Building interior has been recently remodeled and is in outstanding condition. Property is sold with a limited restaurant use restriction. Pre-Offer Open House Inspection Times for brokers and public November 2nd and 9th 1pm-3pm. Call for offers November 15, Property listed in cooperation with KW Commercial- Keller Williams Woodward Market Center David Brooks & Jeremy Burgess and Hilco Real Estate, LLC. Property is sold with a limited restaurant use restriction. More Information Online QR Code Scan this image with your mobile device: General Information Taxing Authority: Saginaw Tax ID/APN: Retail-Commercial Type: Restaurant Zoning: MISC COMMERCIAL SERVICES Property Use Type: Vacant/Owner-User Building Name: Building/Unit Size (RSF): Land Area: Sale Terms: Bob Evans 5,238 SF 50,000 SF Cash to Seller Area & Location Retail Clientele: General Property Visibility: Excellent Feet of Frontage: 265 Traffic/Vehicle Count: 29,234 Highway Access: SR 46 Site Description This site is located on Gratiot Road (aka SR 46), a primary east/west artery through Saginaw, MI approximately 90 miles northwest of downtown Detroit. The trade area is older and established and was developed in various stages over the past several decades with little development or improvement in recent years. The subject is an outparcel to a Meijer grocery store/supercenter and adjacent to Home Depot with many retailers, restaurants, automotive businesses and churches located in the area. State Street is another similar commercial artery to the north which runs parallel to Gratiot Rd., however the primary and more robust retail activity is located approximately six miles to the northeast proximate to Fashion Square Mall. No new development activity has occurred in the area for several years other than a new Culver s restaurant to the east which was constructed in There are several national chains represented including those previously mentioned, the subject, Wendy s, KFC, Taco Bell, Little Caesar s and several others with some freestanding and inline retail vacancies noted by observation. The subject is supported primarily by a middle income population. Building Related Tenancy: Single Tenant Total Number of Buildings: 1 Number of Stories: 1 Property Condition: Excellent Year Built: 2004 Roof Type: Flat Construction/Siding: Brick Exterior Description: Brick Parking Type: Surface Parking Description: Private Parking Lot Passenger Elevators: 0 Freight Elevators: 0 Page 1

2 Heat Type: Heat Source: Natural Gas Central Air Conditioning: Interior Description: Package Unit Former Bob Evans Restaurant Land Related Zoning Description: Commercial Lot Frontage (Feet): 265 Lot Depth: 267 Water Service: Sewer Type: Land Ownership: Municipal Municipal Fee Simple Legal Description BEG AT A PT FT W FROM E 1/4 POST OF SEC 26 TH CONT W FT TH N FT TH N63DEG E FT TH E FT TH S44DEG E FT TH S FT TO POB 1.65 ACRES SEC 26 T12N R3E ***NEW # SPLIT FROM PARENT /23/04 Location Address: 8466 Gratiot Rd, Saginaw, MI County: Saginaw MSA: Saginaw Property Images Front Interior Photo 1 Page 2

3 Interior Photo 2 Interior Photo 5 Interior Photo 3 Interior Photo 6 Interior Photo 4 Interior Photo 7 Page 3

4 Interior Photo 8 Interior Photo 12 Interior Photo 9 Interior Photo 13 Interior Photo 11 Interior Photo 14 Page 4

5 Interior Photo 15 Parking Interior Photo 16 Rear View Interior Photo 17 Roof Top Page 5

6 Property Contacts David H Brooks III KW Commerical-Keller Williams Woodward Market Center [M] [O] davidbrooks@kwcommercial.com Page 6 Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.