10.5 A w/420' of Frontage & Bldgs. | 1717 S Euclid Ave
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10.5 A w/420' of Frontage & Bldgs. 1717 S Euclid Ave
272,000 SF Vacant Retail Building Bay City, MI 48706 £938,940 (£3/SF)
Executive Summary
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 has operated a very successful greenhouse and floral center for 167 years and it is 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.
Parcels measure approximately 420' x 850' for a great development opportunity as the Highway business zoning (ordinance is attached as PDF) allows many uses.
2024 SEV is $620,900 Taxable is $531,036.
Annual Real Estate taxes for 2024 are $34,012.60.
Price reduced from $1.8M.
Parcels measure approximately 420' x 850' for a great development opportunity as the Highway business zoning (ordinance is attached as PDF) allows many uses.
2024 SEV is $620,900 Taxable is $531,036.
Annual Real Estate taxes for 2024 are $34,012.60.
Price reduced from $1.8M.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Garden Centre
Building Size
272,000 SF
Building Class
C
Year Built/Renovated
1950/1995
Price
£938,940
Price Per SF
£3
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.83
Lot Size
7.50 AC
Parking
49 Spaces (0.18 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 09-160-029-351-001-00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £415,364 |
PROPERTY TAXES
Parcel Number
09-160-029-351-001-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£415,364
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10.5 A w/420' of Frontage & Bldgs. | 1717 S Euclid Ave
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