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    510 Euclid Ave Bay City, MI 48706

    For Sale
    $375,000

    Executive Office, High NOI, Excellent Location

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    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.

    Property Features for 510 Euclid Ave

    General Information

    Property type
    Land
    Square Feet
    2,500 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1950/2020
    Buildings
    1
    Stories
    3

    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 Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hair House Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.9157037
    Latitude
    43.5963201

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    FAQs

    What type of property is this?
    Land - Executive Office, High NOI, Excellent Location
    Where is this land 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.
    Request Owner's contact information
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    Bay City, MI 48706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 Euclid Ave Bay City, MI 48706
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