503 Euclid AveBay City, MI 48706

Property Details for 503 Euclid Ave

Year built

1964

Lot size

2.02 AC

Property size (Sq ft)

26,843 SF

Zone code

C-2

Property type

Office buildings

APN

010-B30-000-001-00

APU

010B3000000100

Description

Euclid Plaza offers exceptional office space in a highly visible location on the bustling Euclid commercial corridor. This well-maintained multi-tenant building provides convenient access and ample parking for clients and employees. Five individual office spaces are currently available, ranging in size from 300 square feet to a maximum contiguous space of 4,500 square feet. A total of 5,766 square feet of vacant space is currently available for lease. The property boasts a prominent monument sign, ensuring excellent visibility and brand exposure for tenants. Its strategic location offers easy access to major transportation arteries, including I-75, US-10, and M-13/23, providing convenient commutes for employees and clients alike. The property's Assessed Parcel Number (APN) is 010-B30-000-001-00. This is an ideal opportunity for businesses seeking a high-profile location with excellent amenities and accessibility. The building is suitable for a variety of office uses, including traditional office spaces and executive suites. Inquire today to learn more about leasing options and secure your space in this desirable Euclid location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,595,198

  6.5%

  $4,241,721

  7%

  $3,938,741

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,510,894

  Geo Method

  $2,510,894

• Alternative Use

  Use

  Valuation

  Residential

  $5,259,734

  Hospitality

  $4,817,888

  Educational

  $4,008,426

  Medical

  $4,146,282

  Retail

  $6,235,330

Location Insight

City

Bay City

County

Bay

State

Michigan

Latitude

43.606

Longitude

-83.916

CBSA code

13020

CBSA name

BAY CITY, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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