Property profile

1809 S Euclid Ave Bay City, MI 48706

FOR SALE
Grocery and convenience stores
Property ID
US43-1264955
1,020 SF 0.87 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.92-acre commercial land parcel presents a unique redevelopment opportunity in Bay City, Michigan. Located at 1809 S Euclid Ave, this property boasts a prime location just north of the heavily trafficked intersection of Euclid Avenue and Salzburg Street, which sees 20,000 vehicles per day. The site offers excellent visibility and accessibility, enhanced by two existing curb cuts on Euclid Avenue. The property's previous use as a Speedway gas station is noted, however, the sale of motor fuels, petroleum products, and operation as a convenience store will be restricted on this site. This presents a blank canvas for a variety of commercial ventures, capitalizing on the high volume of daily traffic and strategic location within Bay County. The property's size and location make it an attractive investment for developers seeking a high-visibility site in a bustling area of Bay City. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a well-situated commercial lot in a thriving Michigan community. The address is 1809 S Euclid Ave, Bay City, MI 48706.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1950
Total area 1,020 SF
Lot 0.87 ac (37,897 SF)
Zoning code C-2B HWY BUS
APN 160-029-353-002-00
UPID US43-1264955

Cap rate & NOI

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

Location

1809 S Euclid Ave Bay City, MI 48706
Bay City metro Census 281000 BAY CITY, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

C-2B HWY BUS · Bay City, MI

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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More about this property
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