FORMER JACOBSON S BUILDING $650,000

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FORMER JACOBSON S BUILDING 400 FEDERAL AVE. SAGINAW, MI 48607 $650,000 Former Jacobson s Department Store in downtown Saginaw. Huge city block ready for redevelopment on almost 2 acres. Create a financial impact in this market. Potential large office user, retail space, residential condo development. Zoning is RMU-Riverfront Mixed Use. 240.88 of frontage and 360 of depth. 158, 597 SF Total 1.766 Acres PPN #903-0-23-7000-000 City of Saginaw / County of Saginaw AV (2016) $467,125 & TV (2016) $462,334 2015 Property Taxes - Summer-$26,447.79 & Winter-$4,492.70 Chad Razmus, CCIM crazmus@amicusmanagement.com Amicus Management, Inc 977 Ada Place Dr. SE Grand Rapids, MI 49546 (616) 954-2000 * ATTENTION: Please be advised that this property is subject to a court appointed receivership and all sales are contingent upon Court approval. Cooperating brokerage fees will only be paid to brokers who represent a client that closes on the transaction. A full price offer does not entitle a cooperating broker to a commission unless its client is the party approved by the Court and closes on the transaction. All information provided is deemed reliable but is not guaranteed and should be independently verified.

EXTERIOR PHOTOS

EXTERIOR PHOTOS

EXTERIOR PHOTOS

INTERIOR PHOTOS

INTERIOR PHOTOS

SURVEY

FIRST FLOOR DIAGRAM

SECOND FLOOR DIAGRAM

AERIAL PHOTOS FEDERAL AVE. S. BAUM STREET JANES AVE. S. JEFFERSON AVE.

DEMOGRAPHICS

DEMOGRAPHICS

DEMOGRAPHICS

DEMOGRAPHICS

DEMOGRAPHICS

DEMOGRAPHICS

DEMOGRAPHICS

TRAFFIC COUNTS

THE AMICUS PROCESS Market Reach All of our listings are populated to all of these websites for maximum internet exposure. The websites, in turn, produce many opportunities to be found by various search engines based on keywords distinctly featuring your property. Many details are gathered on a lease or purchase opportunity before ever calling the agent representing the property. CPIX http://www.cpix.net The State of Michigan. 49,950 Commercial IQ http://commercialiq.com A national commercial real estate search engine, drawing thousands of visitors daily. 41,983 SiteLink Companies http://southlandcommercial.catylist.com Members that use SiteLink to display listings on their company websites. 23,473 Oodle Classifieds http://oodle.com One of the world's largest classifieds services. 3,183 Google http://google.com The world's leading search engine. 2,439 MEDC http://michigan.catylist.com 1,430 Rofo http://rofo.com A tenant-focused search engine for office, retail, and industrial space. 881 CIMLS http://cimls.com A national commercial/investment MLS with over 100,000 registered members. 820 LinkedIn http://linkedin.com A business-oriented social network with over 100 million members worldwide. 584 OfficeSpace http://officespace.com A tenant-focused search engine for office, retail, and industrial space. 334 Yahoo http://yahoo.com One of the world's largest search engines. 276 DEGC http://degc.catylist.com 239 Pensacola AoR http://www.gulfcoastcmls.com the Gulf Coast Region. 2 KAAR http://www.kaarcie.com The Knoxville Area. 2 PropBot http://propbot.com A national search engine for commercial real estate. 2 LACDB http://www.lacdb.com The State of Louisiana. 1 MFCRE http://www.mfcre.com Central and SW FL. 1 PAR http://www.parcie.com The State of Pennsylvania. 1 WCIE http://www.ciewisconsin.com The State of Wisconsin. 1 PropertyShark http://propertyshark.com A property research database covering major markets. 1 19

THE AMICUS PROCESS Bing http://bing.com A search engine powered by Microsoft. 193 Vast Classifieds http://vast.com A leading vertical search platform for real estate with millions of users a month. Marketing Research 179 ICREX http://www.icrex.net The State of Indiana. 139 Catylist http://sitefinder.catylist.com the State of Michigan. 123 Oakland County BDS http://globaloakland.catylist.com 112 Monroe County IDC http://monroecountyidc.catylist.com 79 GRCC http://thegrcc.catylist.com 77 REMATRIX http://rematrix.com A Canadian commercial real estate portal. 48 Wayne County EDGE http://waynecounty.catylist.com 44 City of Fenton http://cityoffenton.catylist.com 39 Enterprise Group of Jackson http://enterprisegroup.catylist.com 28 Ann Arbor SPARK http://annarborusa.catylist.com 26 City of Novi http://investnovi.catylist.com 26 City of Auburn Hills http://auburnhills.catylist.com 24 LEAP http://leapinc.catylist.com 23 CALV http://www.calv.org The Greater Las Vegas Area. 22 East Lansing http://eastlansing.catylist.com 20 NICAR http://www.nicarx.com Northern Illinois. 7 The RCA of MA http://www.masscie.com The State of Massachusetts. 5 NECPE http://www.newenglandcommercialproperty.com New Hampshire, Maine, Vermont, Massachusetts. 3 KCREA http://www.kcrea.com The State of Kentucky. 3 OAR http://www.ohiocommercialsource.com The State of Ohio. 3 Pikes Peak RSC http://www.coloradospringscommercialproperties.com The Colorado Springs Area. 2 The MEDC http://medc.catylist.com the State of Michigan. 2 20