508 S Euclid

Retail-Commercial for Sale
Catylist Listing ID: 30382274
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 3,000 SF
Gross Building Area: 28,700 SF
Gross Land Area: 18,700 - 28,050 SF
Sale Price: $189,000 - 375,000
Unit Price: $63 - 125 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: 508
Usable Size (USF): 28,700 SF
Core Factor: 100%
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 7/16/2021

Overview / Comments

@ the entrance of I-75, US-10, Us-23 and M-13 to Bay City.
One of the few vacant Parcels on Euclid Ave, M-13.
Bay City's main N. S. street, M-13 and Major retail area.
100' X 187', Over 100,000 cars/day nearby.
The Adjacent parcel to the south, 50' X 187'. Office adjacent, leases for $13,200/yr. Net, can be purchased together @ $375,000. having streets on 3 sides.
Additional Parcels to the north are also available.

Additional Details

Nearest MSA: Bay City
County: Bay
Taxing Authority: Bangor Township
Tax ID/APN: 010-W15-002-002-00
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Located Between: @ I-75, US -10 entrance to Bay City
Property Visibility: Excellent
Largest Nearby Street: @ I-75, US -10, US-23, M-13 Entrance & Exit to Bay City.
Feet of Frontage: 150
Traffic/Vehicle Count: 120,000
Highway Access: @ I-75, US -10, US-23, M-13 Entrance & Exit to Bay City.
Airports: MBS, Flint
Site Description: One of the few vacant Parcels on Euclid Ave, M-13. Bay City's main N. S. street and Major retail area. Newly Remodeled Office, adjacent also available.
Area Description: Main Retail area in Bay County. @ I-75, US -10, US-23, M-13 Entrance & Exit to Bay City.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 900 SF
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: All Brick.
Total Parking Spaces: 50
Parking Ratio: 25 (per 1000 SF)
Parking Type: Surface
Parking Description: unpaved
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Fiber Optic, Other
Interior Description: Office, any Commercial Use. Has 6 office's on 1st floor.
Zoning Description: Commercial
Lot Frontage: 100
Lot Depth: 187
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: LOTS 2-3-14-15 BLK 2 THE WEST LAWN PLAT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,020 54,612 74,336
Median Age: 39.06 39.62 41.05
Households: 4,325 22,820 31,277

Contact

Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
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