3480 North Union Rd Bay City, MI 48706
- Specialty properties
- 4,000 SF
- 1.20 lot acres
Current Use by Public Records
- Nature's Medicines Provisioning Center / Cannabis Store
Property Details for 3480 North Union Rd
- Year built
- 1980
- Lot size
- 1.20 lot acres
- Property size
- 4,000 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bay City
- County
- Bay
- State
- Michigan
- Longitude
- -83.9158
- Latitude
- 43.6094
