510 S. Euclid

Office for Sale
Catylist Listing ID: 30585171
Property Subtypes: Executive Suites, Coworking, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Research & Development, Other
Building Size (RSF): 2,500 SF
Gross Land Area: 9,350 - 28,050 SF
Sale Price: $190,000 - 375,000
Unit Price: $76 - 150 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: 510
Class of Space: Class A
Usable Size (USF): 2,500 SF
Core Factor: 80%
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit, Other
Cap Rate: 6.0%
Last Updated: 5/16/2023

Overview / Comments

@ I-75, US-10, M-25 Entrance to Bay City, @ Euclid Ave. M-13
50' on Euclid Ave. M-13, X 187' Asking $190,000
Including Vacant lot adjacent, Asking: $375,000
Leased @ $900/Mo. Net.
Set up as Drive-Through-Bank or pharmacy.
Lot Size: 28,050 SF Zoning: Commercial.
Electricity, Gas, Water, Telephone, Cable on site.
This office has 5 private offices on the ground floor, Bus off. Waiting Room, room for 3 on the lower level plus a Lunch room, 3 on the 2ond floor. Toilet each Floor.
Streets on 3 sides for easy access, additional adjacent to expand.
120,000 cars Near this location every day. Currently has tenant.

Attachments & Media

Additional Details

Nearest MSA: Bay City
County: Bay
Taxing Authority: Bangor Twp.
Tax ID/APN: 010-W15-002-001-00
Property Located Between: White St. & Jenny St.
Property Visibility: Excellent
Highway Access: @ I-75, US-10, M-25 Entrance to Bay City, @ Euclid Ave. M-13
Airports: MBS, Bay City, Flint
Site Description: Level, Major retail in Bay county.
Area Description: Major retail in Bay county. Access to all Highways in the area. On M-13
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 900 SF
Year Built: 1950
Year Renovated: 2022
Roof Type: Gambrel
Construction/Siding: Brick
Exterior Description: All Brick.
Parking Ratio: 15 (per 1000 SF)
Parking Type: Surface
Parking Description: Improved Parking, 2 drives
Total Parking Spaces: 15
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: Nicely remodeled, business office with pass through window to waiting room.
Zoning Description: Commercial.
Lot Frontage: 50' or 150'
Lot Depth: 187
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: LOTS 1 & 16, BLK 2, THE WEST LAWN PLAT. Adjacent lot: 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


Photograph of Listing Agent

Henry Johnson

Henry Johnson Real Estate & Leasing Company
CPIX Member
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