135 Washington Ave
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135 Washington Ave
20,700 SF 100% Leased Office Building Bay City, MI 48708 $850,000 ($41/SF)
Investment Highlights
- High Traffic Area
- Moments from Downtown
- Close to Airport & Highways
- Close to government offices & colleges
Executive Summary
This phenomenal landmark Bay City property is as unique as they come! Its rich historic attributes can still be found throughout, along with substantial high-end upgrades in its entire mechanical system from the EPA's investment in our community during the 1990's, when they housed a supercomputer center on these grounds.
You'll find sweeping views of Bay City from its tall windows, including the mighty Saginaw River. With its proximity to Downtown, the newly developed Uptown Bay City, the Columbus Ave. Business District, everything our community has to offer is just outside the front door! Schools (including colleges & universities), expansive medical facilities, government buildings, seemingly endless dining & entertainment options, recreation, and lodging are all within minutes!
This stately structure offers a grand total of 20,592 sqft, with 6,864 sqft on each of the three levels (the lower level is fully accessible to the outdoors by a pedestrian door and drive-in, loading area), an elevator to each level, full bathrooms (with multiple stalls) on the upper two levels and a lavatory on the lower level, multiple offices & conference rooms, a loading bay door to level 2, a floating floor to house additional wiring & cooling mechanisms, if needed, and generators on site for plenty of back-up power (gas is currently off to these, and they should be inspected, as they have not been in use for some time).
The boiler is approximately 10 years old, There was a total roof replacement in 2018 with a transferable warranty, and environmental clean-up was done before the EPA moved in.
Situated on just over an acre, there is ample parking for a variety of uses, and an abundance of drive-by exposure. You'll see darker ashphalt in the overhead photos- this is the portion of the lot that belongs to 135 Washington.
Ease of access to highways & air travel will make commuting a breeze!
This property is zoned C-3, which offers abundant uses (see docs section for explanation).
You'll find sweeping views of Bay City from its tall windows, including the mighty Saginaw River. With its proximity to Downtown, the newly developed Uptown Bay City, the Columbus Ave. Business District, everything our community has to offer is just outside the front door! Schools (including colleges & universities), expansive medical facilities, government buildings, seemingly endless dining & entertainment options, recreation, and lodging are all within minutes!
This stately structure offers a grand total of 20,592 sqft, with 6,864 sqft on each of the three levels (the lower level is fully accessible to the outdoors by a pedestrian door and drive-in, loading area), an elevator to each level, full bathrooms (with multiple stalls) on the upper two levels and a lavatory on the lower level, multiple offices & conference rooms, a loading bay door to level 2, a floating floor to house additional wiring & cooling mechanisms, if needed, and generators on site for plenty of back-up power (gas is currently off to these, and they should be inspected, as they have not been in use for some time).
The boiler is approximately 10 years old, There was a total roof replacement in 2018 with a transferable warranty, and environmental clean-up was done before the EPA moved in.
Situated on just over an acre, there is ample parking for a variety of uses, and an abundance of drive-by exposure. You'll see darker ashphalt in the overhead photos- this is the portion of the lot that belongs to 135 Washington.
Ease of access to highways & air travel will make commuting a breeze!
This property is zoned C-3, which offers abundant uses (see docs section for explanation).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
20,700 SF
Building Class
B
Year Built
1910
Price
$850,000
Price Per SF
$41
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
6,900 SF
Building FAR
0.43
Lot Size
1.10 AC
Opportunity Zone
Yes
Zoning
Commercial - C-3, Central Business
Parking
55 Spaces (2.66 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Raised Floor
- Storage Space
- Basement
- Central Heating
- Open-Plan
- Partitioned Offices
- Air Conditioning
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 09-160-028-176-001-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $447,600 |
PROPERTY TAXES
Parcel Number
09-160-028-176-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$447,600
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