Property profile

3480 North Union Rd Bay City, MI 48706

OFF-MARKET
Specialty properties
4,000 SF 1.2 ac lot Built 1980
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Year built 1980
Total area 4,000 SF
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

3480 North Union Rd Bay City, MI 48706
Bay City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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