820 S Line St - Schools FOR SALE


Chesaning, MI 48616 | 
$600,000 USD
866-253-6733
820 S Line St, Chesaning, MI for Sale
$600,000 USD
Schools - FOR SALE
1/12
null | Request Cap Rate

820 S Line St
Chesaning, MI 48616


HIGHLIGHTS

  • Former school building with redevelopment potential.
  • Available for sale or lease.
  • Situated on approximately 3.90 acres.
  • Existing building infrastructure supports adaptive reuse.
  • Located within an established residential community.
  • Suitable for investment, owner-user, or redevelopment strategies.

OVERVIEW

820 S Line Street presents a rare redevelopment opportunity in Chesaning, Michigan. The property is improved with a former school building containing approximately 38,000 square feet and is situated on a 3.90-acre site. Its existing institutional layout, substantial building footprint, and established utility infrastructure provide a foundation for a variety of adaptive reuse or redevelopment concepts, subject to applicable approvals. Located within the Village of Chesaning in Saginaw County, the property benefits from proximity to local residential neighborhoods, community services, and regional transportation routes connecting the area to Saginaw, Owosso, and the broader Mid-Michigan region. The site's location within an established community setting may support a range of future uses, including educational, community, residential, office, institutional, or specialized commercial applications where permitted. The combination of a sizable building, significant land area, and redevelopment potential creates an opportunity for investors, developers, and owner-users seeking to reposition an existing asset. Whether pursuing adaptive reuse, long-term investment, or a comprehensive redevelopment strategy, the property offers flexibility within a community-oriented environment. The availability of the property for either sale or lease further broadens the range of potential acquisition and occupancy strategies.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

3.9 AC

LAND SF

169,884 SF

ZONING

R-2

APN/PARCEL ID

13093161616001

ASK ABOUT THIS PROPERTY

Beau ParmenterProfessional Warehouse LeasingMore Info
866-253-6733

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Beau ParmenterProfessional Warehouse LeasingMore Info
866-253-6733

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.