1709 Euclid AveBay City, MI 48706

  • Commercial land
  • 4.30 AC
For Sale
$1,200,000 View listing

Property Details for 1709 Euclid Ave

Lot size
4.30 AC
Zone code
C-2B HWY BUS
Property type
Commercial land
APN
160-029-305-013-00
APU
16002930501300

Description

This exceptional 10.5-acre commercial property in Bay City, Michigan, presents a remarkable development opportunity. Located at 1709 S Euclid Ave, this expansive parcel boasts 420 feet of frontage on M-13, offering unparalleled visibility and accessibility. The property comprises three parcels (APN: 160-029-305-013-00, 160-029-351-001-00), totaling 10.5 acres and zoned C-2-B Highway Business, allowing for a wide range of commercial uses. The site has a rich history, previously housing a successful greenhouse and floral center operating for over 167 years. Existing structures include approximately 24 greenhouses, a main building with a gift shop (built in 1995), a garage, and a storage area with two 10-foot overhead doors and a mezzanine. The main building features an HVAC system, while some greenhouses utilize steam-in-floor heat powered by two 150 HP boilers and Modine suspended heaters. Three-phase power is available, and rolling benches optimize space within the growing areas. The sale includes existing greenhouse equipment. The property's dimensions are approximately 420' x 850'. The 2024 State Equalized Value (SEV) is $620,900, with a taxable value of $531,036 and annual real estate taxes of $34,012.60. This property is priced at $1,200,000 and offers significant potential for redevelopment or re-establishment of the greenhouse operation. Detailed property information, including zoning ordinances and building measurements, is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $36,701,944
    Hospitality
    $33,618,784
    Educational
    $27,970,434
    Medical
    $28,932,380
    Retail
    $43,509,564

Location Insight

City
Bay City
County
Bay
State
Michigan
Latitude
43.5831
Longitude
-83.9131
CBSA code
13020
CBSA name
BAY CITY, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,017
-
-
$90,050
-
-
-
$180,100

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