301 E Midland Street, Bay City, MI 48706
sale
$364,000
|
Other
Courtesy Of M77 LLC
901 Wilshire, Troy, MI 48084
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Brick
- Floors: 2
- Legal Description: LOTS 1 & 2 & S 5 FT OF VAC ALLEY ADJ TO EXC COM AT A PT WHERE C/L WILLIAMS ST INTER C/L SD ALLEY TH S 01D02M18S W 72.73 FT ON C/L SD WILLIAMS ST TH N 57D09M E 131.77 FT, TH N 89D20M56S W 109.38 FT TO POB BLK 3 SAGE & MCGRAWS ADD TO W BC & E 1/2 VAC W ILLIAMS ST ADJ THRT SPLIT FOR 89
- MLSID: 20261010995
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