706 Washington Avenue,Bay City, MI 48708
Bay City, MI 48708
Description
A New Opportunity to Own a Piece of Downtown Bay City! Now offered as an individual building, this nearly 8,000 square foot commercial property presents an exciting redevelopment opportunity in the heart of downtown Bay City. Previously marketed as part of a larger 16,000 square foot redevelopment, this new offering provides investors and entrepreneurs with a more manageable project, reducing renovation costs, carrying costs, and the overall scope of work while allowing income-producing opportunities to be realized sooner. One of the property's most valuable features is the opportunity to purchase a Class C Liquor License with the building. Liquor licenses in this area are extremely limited, and the combination of a transferable license with a highly visible downtown location creates an outstanding opportunity for a restaurant, brewery, cocktail lounge, entertainment venue, or other hospitality concept. 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 nearly 4,000 square feet of open commercial space ready to be transformed to fit your vision. A dividing wall currently separates the first floor into two distinct areas, creating the potential for multiple business concepts or tenants within the same building. Upstairs, you'll find an impressive open ballroom filled with character and endless possibilities. Restore it as an event venue, convert it into office space, create unique residential lofts, expand your commercial footprint, or design something entirely your own. The seller has already completed the extensive interior demolition, creating a true blank canvas ready for redevelopment. Whether your vision includes retail, office space, dining, entertainment, mixed-use development, or something entirely unique, this property offers exceptional flexibility, outstanding visibility, and unlimited potential in one of Downtown Bay City's most recognizable locations.
Details
| MLS # | 50215905 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 59 |
| Listing Provided By | Berkshire Hathaway HomeServices, Bay City | Calyb Shaw |
Features
| SQ Feet | 7,660 |
|---|---|
| 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, Natural Gas 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: $189,000 low | high Med: $184,450 sqft: 7,660 low | high Med: 7,910 $ / sqft: $25 low | high Med: $23 On site: 59 low | high Med: 59 | |
Market Activity 48708
Request a showing
Request a showing
Contact
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: $189,000 low | high Med: $184,450 sqft: 7,660 low | high Med: 7,910 $ / sqft: $25 low | high Med: $23 On site: 59 low | high Med: 59 | |
