2011 Columbus AveBay City, MI 48708

Property Details for 2011 Columbus Ave

Year built

1976

Lot size

0.13 AC

Property size (Sq ft)

2,160 SF

Zone code

C-1 NBHD BUS

Property type

Retail space

APN

160-027-252-009-00

APU

16002725200900

Description

This exceptional 2160 square foot commercial building, situated at 2011 Columbus Avenue in Bay City, Michigan, presents a fantastic opportunity for entrepreneurs. Located conveniently close to Bay Medical Hospital, this property boasts high visibility and accessibility, making it perfect for a variety of small businesses. Imagine establishing your insurance agency, real estate office, nail salon, or retail store in this well-positioned space. The building is offered for sale at $99,900 and is also available for lease (lease terms available upon request). A prominent monument sign is already in place, ready for your business branding, ensuring immediate recognition and attracting potential customers. The property is classified as special purpose land and offers a unique chance to own a thriving commercial space in a desirable Bay County location. The building's size and location make it an attractive investment for those seeking a strong foothold in the Bay City market. The zip code is 48708. This property is ready for immediate occupancy and offers a turnkey solution for your business needs. Don't miss this chance to secure a prime commercial location in a thriving community. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $543,556

  6.5%

  $501,744

  7%

  $465,905

• Comparable approach

  Method

  Valuation

  Relative Method

  $509,157

  Geo Method

  $509,157

• Alternative Use

  Use

  Valuation

  Residential

  $423,240

  Hospitality

  $387,685

  Educational

  $322,550

  Medical

  $333,643

  Retail

  $501,744

Location Insight

City

Bay City

County

Bay

State

Michigan

Latitude

43.5897

Longitude

-83.8663

CBSA code

13020

CBSA name

BAY CITY, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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