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
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.

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

View FullscreenMap

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

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

COMMERCIAL EQUITIES CPIX Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.