130 Hemlock Plaza Dr | Hemlock, MI 48626
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- LoopNet Team
130 Hemlock Plaza Dr
Hemlock, MI 48626
Hemlock Plaza East · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Value-Add Retail Center For Sale or Lease
- Five (5) Available Suites Ranging from 1,320 SF to 18,000 SF
- Hemlock Pharmacy has Successfully Operated at this Location Since 2014 | Recently Extended to July 31, 2022
- Priced Well Below Replacement Costs at $24.28 PSF
- 18,000 SF Former Grocery Store | Turnkey Operation with All Equipment Included
- Central Downtown Location with Ample Acerage For Future Development | Located Approx. 25 Minutes from Downtown Saginaw as well as I-75 & I-675
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
34,580 SF
Building Class
B
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
11.56 AC
Zoning
B-3
AMENITIES
- Pylon Sign
- Signage
ABOUT 130 HEMLOCK PLAZA DR , HEMLOCK, MI 48626
Legacy Investment Property Group is Pleased to Present a Multi-Tenant Retail Asset Available for Sale or Lease in Downtown Hemlock, MI. The Subject Property Offers an Investor a Value-Add Opportunity while Offering Tenants Attractive Lease Terms in a Central Downtown Location. The Former Grocery Store (Approx. 18,000) is a Turnkey Operation with All Equipment Included. In Addition to Base Rent, Tenants are Responsible for their Pro Rata Share of the Net Charges.
PROPERTY TAXES
| Parcel Number | 22122273003001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $498,000 |
PROPERTY TAXES
Parcel Number
22122273003001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$498,000
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