1717 S Euclid Ave - Garden Center FOR SALE


Bay City, MI 48706
$900,000 USD
989-684-4800
1717 S Euclid Ave, Bay City, MI for Sale
$900,000 USD
Garden Center - FOR SALE
1/29
null | Request Cap Rate

1717 S Euclid Ave
Bay City, MI 48706


OVERVIEW

MOTIVATED SELLER! Parcels measure approximately 420' x 850' for a great development opportunity as the Highway business zoning (ordinance is attached as PDF) allows many uses. Excellent development opportunity or reestablish a greenhouse on this 10.5 acre site (two parcels). Please see attached pics and GIS of property and approximate building measurements. Keits operated a very successful greenhouse and floral center for 167 years and was time for retirement. The greenhouse began 167 years ago with approximately 16 greenhouses then added 8 in 1950 with the main building and gift shop in 1995. Main building has an HVAC system with the main and attached back greenhouse as steamed in floor heat. Two 150 HP boilers operate the steam heat. Modine suspended heaters are in some of the other greenhouses. 3 phase power. Rolling benches exist in the growing areas for ultimate use of space. There is a garage and storage area with two 10' overhead doors and mezzanine. Price includes greenhouse operation equipment that currently exists. Two delivery vehicles, forklift, bobcat, etc. are negotiable, but not included in the sale price. 2024 SEV is $620,900 Taxable is $531,036. Annual Real Estate taxes for 2024 are $34,400. Price reduced from $1.8M.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$3 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

420' of Frontage with Bldgs. on 10.5 A on Com

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Garden Center

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

10.5 AC

LAND SF

457,380 SF

ZONING

C-2-B

APN/PARCEL ID

09-160-029-351-001-00

ASK ABOUT THIS PROPERTY

Sandra CovaleskiCommercial EquitiesMore Info
989-684-4800

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Sandra CovaleskiCommercial EquitiesMore Info
989-684-4800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.