1902 Schaefer Saginaw Riverfront! Two parcels which include a home, commercial building and fenced in lot. Endless possibilities to live, work and grow in Saginaw's developing riverfront area! This 1927 Craftsman-style Cape Cod offers vintage charm, unique features, abundant space and endless possibilities. The home welcomes you with an adorable covered porch. Inside you will find three bedrooms with a fourth room off the living area, accessible through French doors that can be used as an office, den or additional bedroom. An eat-in kitchen provides convenience and a formal dining area offers space for entertaining! Nine-foot ceilings create an elegant ambiance. The full basement has a half bath, laundry area and an extra framed room along with plenty of recreational or storage space. The furnace has been replaced within the last 8 years. Upstairs there is a bedroom, large cedar closet and two access doors to the 21x30 attic that is ready to be finished for extra living, work or recreational space. The property includes a roughly 2, 000 square foot building with four overhead doors, furnace and half bath, in addition to an adjacent fenced in vacant lot. There is also a studio attached to the home providing additional space. The property is zoned RMU-RC (Riverfront Mixed Use - Riverfront Commercial) and is located in a neighborhood that is designated for new development designed to provide walkability and convenient access to Old Town and Downtown's shopping, dining and future developments!