Multi-Tenant Professional Office
For Sale
Contact for pricing
Pending
503 N Euclid Ave, Bay City, MI 48706
Nine tenants occupy 65.93% of the building under modified gross lease structures.
Property SizeContact for details
Days on Market146
Property Features for 503 N Euclid Ave
General Information
Standard status
Pending
Property subtype
Office
Occupancy
66%
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Bilt Commercial Real Estate Services
Listed By:
Brandon Hakimi · License #NY 10401328279
Source:
Crexi
Added: Apr 12
Changed: Sep 4
Last Checked: Sep 3 at 5:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bilt Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Euclid Plaza is a fee-simple professional office property at 503 N Euclid Ave in Bay City, Michigan. The building is occupied by nine tenants, with current occupancy reported at 65.93%. Lease structures are modified gross, with responsibilities divided between tenants and the landlord based on individual lease terms. Tenants generally handle the interiors of their leased premises, while the landlord maintains the balance of the building and common areas.
Nearly all leases provide for rent increases, and approximately half include renewal options. The property is offered with existing financing of approximately $223,495 deducted from closing proceeds; the transaction is proposed as a cash sale.
Nearly all leases provide for rent increases, and approximately half include renewal options. The property is offered with existing financing of approximately $223,495 deducted from closing proceeds; the transaction is proposed as a cash sale.
Key Highlights
- 65.93% current occupancy
- Nine existing tenants
- Modified gross lease structures
Property Analytics
Property Profile
Current Use
Lease Details
65.9%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 48706, MI
39,381
Population
18,163
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
93%
High-School Grad
66.3 sq mi
ZIP Area
594
Density / Sq Mi
$61,908
Median Household Income
$40,151
Median Earnings
$887
Median Rent
$142,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Nine tenants occupy 65.93% of the building under modified gross lease structures.
Where is this office building located?
The property is located at 503 N Euclid Ave Bay City, MI.
What are key features of this property?
This property features: 65.93% current occupancy; Nine existing tenants; Modified gross lease structures
