For Sale
$375,000

510 Euclid Ave Bay City, MI 48706

Executive Office, High NOI, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A commercial property at 510 S Euclid Ave, Bay City, MI 48706, offers 2,500 square feet of office space in a three-story building constructed in 1950 and renovated in 2020. The property boasts 15 parking spaces and sits on a sizable lot ranging from 9,350 to 28,050 square feet, with a land value ranging from $76 to $150 per square foot. Currently leased for a net income of $900 per month, this owner-user investment opportunity is zoned for commercial use and features five private offices on the ground floor, a waiting room, additional office space on the lower and second levels, and a lunchroom. Utilities including electricity, gas, water, telephone, and cable are readily available. The building's strategic location offers easy access from three sides, with high visibility and traffic counts (120,000 cars daily) due to its proximity to I-75, US-10, M-25, and M-13. The property's layout is suitable for various uses, including a drive-through bank or pharmacy. An adjacent vacant lot is also available for expansion. The asking price is $375,000. APN: 010-W15-002-001-00.

Highlights

  • Prime location at I-75, US-10, M-25, and M-13 interchange in Bay City, MI.
  • 50' frontage on Euclid Ave. with 187' depth.
  • Includes adjacent vacant lot; asking price: $375,000.
  • Currently leased for a net income of $900/month.
  • Suitable for drive-through bank or pharmacy.
  • 28,050 SF lot, commercially zoned.

Property Details for 510 Euclid Ave

Property type
Office properties, Land
Square Feet
2,500 SF
Class
A
Year Built/Renovated
1950/2020
Buildings
1
Stories
3

Location Insight

City
Bay City
County
Bay
State
Michigan
Latitude
43.5963201
Longitude
-83.9157037

FAQs

What type of property is this?
Office property - Executive Office, High NOI, Excellent Location
Where is the office property located?
The property is located at 510 Euclid Ave Bay City, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime location at I-75, US-10, M-25, and M-13 interchange in Bay City, MI.; 50' frontage on Euclid Ave. with 187' depth.; Includes adjacent vacant lot; asking price: $375,000.
How can I contact the broker?
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510 Euclid Ave
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