Henry Johnson Real Estate
Listed by Henry Johnson Real Estate
$495,000
808 N Euclid
Details
APN 010-017-300-425-00
Property Type Mixed Use, Office
Sub Type Bank, Executive Office
Square Footage 10,000
Net Rentable (SqFt) 10,000
Units 6
Cap Rate 8.00%
NOI $50,000
Occupancy 50%
Tenancy Multi
Lease Type Modified
Price per SqFt $45
Class A
Year Built 1950
Year Renovated 2018
Buildings 1
Stories 2
Acreage 0.700
Zoning Commercial
Parking Spaces 30 spaces
Parking per 1,000 SqFt 3.00
Investment Type Value Add
Lease Commencement 10/04/2024
Occupancy Date 10/04/2024
Ceiling Height 10'
Ownership Fee Simple
Sale Condition For sale by owner
Yahoo Mail
Marketing description
For Sale
Investment highlights
- Suit "E" @ $2,100/mo. Plus Utilities. 34' X 80', 2700 Sf, Suit Suitable for Medical Clinic or Business Office Including: X-ray Machine With 2-lead-lined Rooms.
- Gross Leasable Area: 10,000 Sf, Current Income: $68,000 Net: $53,000+
- Property Type: Retail, Office, Apartments.
- Occupancy: 25%, Lot Size: 0.7 Ac
- This Building, 80' X 80'. Ground Floor Has 4 - (20' X 40') Retail Suits on Euclid Ave.
- 3,400 Bis Off. 2ond Fl. 4 Business Offices and 2 Residential Units, Various Sizes.
- Separate Utilities. Parking for 35 Cars.
- 1 Mile From I-75, Us-10 Entrance to Bay City and Wilder Rd. Exits.
- 80,000 Avg. Daily Car Count @ Site. One of the Best Retail Areas in Bay County.
Listing Contacts
Henry Johnson Real Estate
Listed by Henry Johnson Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$50,000.00
$4,166.67/mo
Valuation Metrics
0
DSCR
10.1%
Cap Rate
10.1%
ROI
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Property History
Tax History
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