702 Washington Avenue,Bay City, MI 48708
Bay City, MI 48708
Description
Downtown Bay City's Next Redevelopment Opportunity! Now offered as an individual building, this nearly 8,200 square foot commercial property presents an exciting opportunity to own a piece of Downtown Bay City. Previously marketed as part of a larger redevelopment, this new offering provides investors and entrepreneurs with a more manageable project, reducing the overall scope of work while creating a more attainable investment. A rare Class C Liquor License is available for purchase with this building, creating an outstanding opportunity for a restaurant, brewery, cocktail lounge, or other hospitality concept in one of Downtown Bay City's most visible locations. If the buildings are sold separately, the liquor license will be available on a first-come, first-served basis. The main floor features soaring ceilings and an open layout, with a dividing wall already in place that offers the potential for multiple commercial spaces or tenants. The second floor was formerly a spacious apartment and still retains much of its original layout, providing an excellent opportunity to restore it into a large residential unit, executive housing, or an income-producing rental while maintaining commercial space below. Whether your vision includes retail, office space, mixed-use development, dining, entertainment, or residential income, this property offers exceptional flexibility and endless potential in the heart of Downtown Bay City.
Details
| MLS # | 50215912 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 58 |
| Listing Provided By | Berkshire Hathaway HomeServices, Bay City | Calyb Shaw |
Features
| SQ Feet | 8,159 |
|---|---|
| Basement | Y |
| Acreage | 0.09 |
Interior
| Window Features | Display Window(s) |
|---|
Exterior
| Roof | Flat, Rubber |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Basement |
| Lot Features | Bus Service Near Site, Main Street |
Parking
| Parking Features | Off Street, Parking Lot |
|---|
Utilities
| Utilities | Electricity Available |
|---|
Other
| List Aor | Bay County REALTOR Association |
|---|
Area Information
| State | MI |
|---|---|
| County | Bay |
| City | Bay City |
| Zip Code | 48708 |
| Area | Bay City (09016) |
| Community Name | Downtown Bay City |
| Listing VS Median (in Downtown Bay City) | |
Price: $179,900 low | high Med: $184,450 sqft: 8,159 low | high Med: 7,910 $ / sqft: $22 low | high Med: $23 On site: 58 low | high Med: 58 | |
Market Activity 48708
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Learn More About This Property
| State | MI |
|---|---|
| County | Bay |
| City | Bay City |
| Zip Code | 48708 |
| Area | Bay City (09016) |
| Community Name | Downtown Bay City |
| Listing VS Median (in Downtown Bay City) | |
Price: $179,900 low | high Med: $184,450 sqft: 8,159 low | high Med: 7,910 $ / sqft: $22 low | high Med: $23 On site: 58 low | high Med: 58 | |
