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    3480 North Union Rd Bay City, MI 48706

    For Lease
    $259 SF/Yr

    1.2 Acres, 4,000 SF Office/Retail

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A commercial property, located at 3480 E North Union Rd, Bay City, MI 48706, presents a unique investment opportunity. Situated on 1.2 acres of land in a high-traffic area (over 100,000 cars daily) with excellent visibility at the corner of N. Euclid Ave and M-13, this single-story building boasts 4,000 square feet of space, currently divided into two suites. One suite offers 1,000 contiguous square feet, ideally configured as an office layout with a waiting area and five additional rooms. The entire 4,000 square foot building is currently vacant and available for lease or sale. Built in 1980 and extensively renovated in 2024, the property features a 10-foot ceiling height and ample parking with 30 spaces. The building is zoned commercial and has a 100% building FAR. Utilities include CMS power. The property's APN is 010-B30-000-011-00, and it's located in Bay County's desirable submarket. The property is suitable for various uses, including medical, traditional, and creative office spaces, as well as retail. The current asking lease price for the 1,000 sq ft suite is $1,800 per month, while the entire 4,000 sq ft building is available for lease at $3,200 per month. The property is also available for sale, including a Michigan medical and recreational marijuana license. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving market. Taxes are $1 per square foot.

    Property Features for 3480 North Union Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Class
    A
    Total Rate
    86400

    Building Details

    Year Built/Renovated
    1980/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    4,000 SF
    Rate per SF
    $259

    HighLights

    • 4,000 SF retail space, ideal for marijuana sales, $3,200/month lease.
    • 1,000 SF office space with waiting area and five rooms, $1,800/month lease.
    • High‑traffic corner location, ample parking, over 100,000 cars daily.
    • For sale, including Michigan medical and recreational marijuana license.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nature's Medicines Provisioning ... Cannabis Store

    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
    -83.915848895592
    Latitude
    43.609354935382

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    FAQs

    What type of property is this?
    Office space - 1.2 Acres, 4,000 SF Office/Retail
    Where is this office space located?
    The property is located at 3480 North Union Rd Bay City, MI.
    What is the lease rate?
    The lease rate is $259 SF/Yr.
    What are key features of this property?
    This property features: 4,000 SF retail space, ideal for marijuana sales, $3,200/month lease.; 1,000 SF office space with waiting area and five rooms, $1,800/month lease.; High-traffic corner location, ample parking, over 100,000 cars daily.
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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
    3480 North Union Rd Bay City, MI 48706
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