Wilder Rd Commercial Bldg Zoned for Dispensary/Provisioning Center
Retail-Commercial
for Sale
Also listed as Office
Catylist Listing ID: |
30631305 |
Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail, Other
|
Building Size (RSF): |
2,224 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.69 Acres
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Sale Price: |
$349,000 |
Unit Price: |
$156.92 PSF |
Property Use Type: |
Investment, Vacant/Owner-User, Business |
Building Name: |
Bay City Travel |
Sale Terms: |
Cash to Seller, Owner Financing |
Cap Rate: |
Undisclosed |
Last Updated: |
3/29/2021 |
Overview / Comments
Great exposure on the Wilder Road commercial corridor. Zoned for processor, provisioning center, safety compliance facility and secure transporter in addition to the standard commercial uses. Two glass entrances facing Wilder Road with an entrance on the north side for easy delivery or employee access as well as an entrance on the east side. North end of approximately 950 SF is separated off for owner use or could be leased out for cash flow. This space has a separate main entrance as well as the north entrance. Recently updated with LED high efficiency lighting, new carpet, walls and paint. An additional restroom is also being added to the north space. Parking lot is in great shape with 20 lined spaces and one handicap space. Additional parking could be added on the north side. Solid brick & block building with easy access. Monument signage also exists. PRICE REDUCED from $599,000.
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Financials
Finance Data Year |
2020 |
Real Estate Taxes - Annual($) |
$3,864 (Annual) |
Tax Value Land |
$78,870 |
Assessed Value - Total($) |
$101,050 (Annual) |
Additional Details
Nearest MSA: |
Bay City |
County: |
Bay |
Taxing Authority: |
Bangor Township |
Tax ID/APN: |
010-009-400-325-00 |
Zoning: |
C-3 GENERAL COMMERCIAL |
Retail Clientele: |
General, Family, Business, Tourist, Other |
Property Located Between: |
Bangor & Patterson |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Bangor |
Feet of Frontage: |
120 |
Highway Access: |
I-75, US-10, M-15, M-25 |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Good |
Year Built: |
1986 |
Year Renovated: |
2019 |
Roof Type: |
Gable |
Construction/Siding: |
Block, Brick |
Total Parking Spaces: |
21 |
Parking Type: |
Surface |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Engineered System |
Zoning Description: |
C-2 |
Lot Frontage: |
120 |
Lot Depth: |
218 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Owned |
Legal Description: |
COM 794.07 FT E OF S 1/4 COR OF SEC TO A PT 300 FT E OF E LI OF BANGOR RD TH E 120 FT TH N 218.50 FT TH W 120 FT TH S 218.50 FT TO BEG. SEC.9,T14N,R5E |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
5,053 |
53,305 |
72,214 |
Median Age: |
40.7 |
40.6 |
40.97 |
Households: |
2,156 |
22,642 |
30,326 |
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