510 Euclid Ave Bay City, MI 48706

Property Details for 510 Euclid Ave

Year built

1937

Lot size

0.21 lot acres

Property size

1,282 SF

Zone code

O-1

Property type

Medical offices

Property subtype

Medical centers

APN

010-W15-002-001-00

APU

010W1500200100

Description

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.