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$ 364,000
Est. payment | /mo
15,000 SqFt
$ 364,000
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $24
Subdivision Sage & Mcgraws Add To West B C
MLS Listing ID 20261010995
Year Built 1870
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type RealEstateOnly
Property Description
Prime mixed-use investment opportunity located in Bay City's vibrant Midland Street District. This historic 15,000 sq ft building features five street-level retail storefronts and a second floor offering substantial redevelopment potential. One storefront is currently leased at $850 per month plus utilities, with four additional storefronts available for lease-up. Each unit is separately metered for utilities and includes private basement space with updated plumbing and drainage. The upper level currently contains 12 apartment units ready for renovation, with engineered plans available for a four-unit luxury condominium conversion. Located within walking distance of the Bay County Riverwalk and surrounded by restaurants, nightlife, and entertainment venues, this property offers a rare opportunity to reposition a large mixed-use asset in one of Bay City's most active commercial corridors. An SDM license is available for 305 E Midland for an additional $6500.
Location
State MI
County Bay
Area Area92102Baycity
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Bay City
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Joseph Delia of Keller Williams Paint Creek