Office
Auction - 50,061 SF Medical Office Building
4200 Fashion Square Blvd, Saginaw, MI 48603
Starting Bid: $650,000
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3158
4200 Fashion Square Boulevard is a three-story, 50,061-square-foot medical/office building located in the established Fashion Square commercial node of Saginaw, Michigan. The ownership of the facility completed a full renovation in May 2024, modernizing the common areas, updating interiors, and refreshed building systems. This is a well-built 1980-vintage building set on a generous 5.61-acre site with 335 surface parking spaces. This provides a ratio of 10 per 1,000 square feet that is well above typical suburban medical office benchmarks.
The property sits along a high-visibility corridor with excellent frontage and strong daily traffic counts, offering convenient access for patients and staff across the Saginaw, Midland, and Bay City tri-city region. Access to a full service intersection with I-75, a major interstate freeway, is quick, just minutes away. The location places tenants within the Flint-Saginaw-Bay City MSA and serves a daytime employment base of more than 34,000 within a three-mile radius. Currently 42 percent occupied the tenants include Memorial Healthcare and IWG Regus who recently had a full customized design built out for the Shared Office Suites (a co-partnership arrangement).
With a fully renovated floor plate, flexible suite sizes from single offices to a 15,300-square-foot contiguous block, and a medical office build-out, including former radiology and MRI improvements, the property offers a new owner meaningful leasing upside. The combination of healthcare-anchored tenancy, recent capital investment, parking depth, and close regional demographics create a compelling value-add medical/office opportunity in one of Michigan's primary secondary markets.
Investment Highlights
- STARTING BID $650,000 | Auction JUNE 22-24 , 2026
- Three-Story, 50,061 Square Foot Medical Office Asset on a 5.61-Acre Site with 335 Surface Parking Spaces at a 10 Per 1,000 Square Foot Ratio
- Existing Tenancy Contributes to Operating Expenses with Significant Upside
- Flexible Floor Plate Supports Single Offices Through a 15,300 Square Foot Contiguous Block, with Prior Medical, Radiology, and MRI Infrastructure in Place
- Fully Renovated in 2024 Across Common Areas, Interiors, and Building Systems, Reducing Near-Term Capital Needs for a New Owner
- Excellent Frontage and Visibility Along a High-Traffic Commercial Corridor in the Fashion Square Retail and Medical Node
Exclusively Listed By
Auction Advisors
Starting Bid: $650,000
Investment Highlights
- STARTING BID $650,000 | Auction JUNE 22-24 , 2026
- Three-Story, 50,061 Square Foot Medical Office Asset on a 5.61-Acre Site with 335 Surface Parking Spaces at a 10 Per 1,000 Square Foot Ratio
- Existing Tenancy Contributes to Operating Expenses with Significant Upside
- Flexible Floor Plate Supports Single Offices Through a 15,300 Square Foot Contiguous Block, with Prior Medical, Radiology, and MRI Infrastructure in Place
- Fully Renovated in 2024 Across Common Areas, Interiors, and Building Systems, Reducing Near-Term Capital Needs for a New Owner
- Excellent Frontage and Visibility Along a High-Traffic Commercial Corridor in the Fashion Square Retail and Medical Node
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3158 4200 Fashion Square Boulevard is a three-story, 50,061-square-foot medical/office building located in the established Fashion Square commercial node of Saginaw, Michigan. The ownership of the facility completed a full renovation in May 2024, modernizing the common areas, updating interiors, and refreshed building systems. This is a well-built 1980-vintage building set on a generous 5.61-acre site with 335 surface parking spaces. This provides a ratio of 10 per 1,000 square feet that is well above typical suburban medical office benchmarks. The property sits along a high-visibility corridor with excellent frontage and strong daily traffic counts, offering convenient access for patients and staff across the Saginaw, Midland, and Bay City tri-city region. Access to a full service intersection with I-75, a major interstate freeway, is quick, just minutes away. The location places tenants within the Flint-Saginaw-Bay City MSA and serves a daytime employment base of more than 34,000 within a three-mile radius. Currently 42 percent occupied the tenants include Memorial Healthcare and IWG Regus who recently had a full customized design built out for the Shared Office Suites (a co-partnership arrangement). With a fully renovated floor plate, flexible suite sizes from single offices to a 15,300-square-foot contiguous block, and a medical office build-out, including former radiology and MRI improvements, the property offers a new owner meaningful leasing upside. The combination of healthcare-anchored tenancy, recent capital investment, parking depth, and close regional demographics create a compelling value-add medical/office opportunity in one of Michigan's primary secondary markets.
Exclusively Listed By
Auction Advisors