1413 gratiot, saginaw, MI 48602

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

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. ©2026
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: MK Hamid of Century 21 Curran & Oberski

This listing last updated: Tue, March 10, 2026 at 9:28:21 AM EDT

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 7:08am