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$ 349,000
Est. payment /mo
Price Dropped by $50K
703 E Midland Street Bay City, MI 48708
7,802 SqFt
UPDATED:
10/29/2024 07:18 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,802 sqft
Price per Sqft $44
Subdivision Mi
MLS Listing ID 50151070
Year Built 1882
Annual Tax Amount $3,753
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 26x108x51x25x56
Property Description
Discover a unique investment opportunity in the heart of the Midland Street Historic District. This prime commercial building boasts an enviable location at 703 E Midland Street, a bustling area known for its vibrant community and rich history. The property features two versatile storefronts, perfect for retail, dining, or office space. With high visibility and moderate Midland Street traffic, these spaces offer endless potential for business growth and success. Above the commercial spaces, you'll find two residential rental apartments. These units provide a steady income stream and are ideal for tenants seeking the charm and convenience of living in a historic district. Embrace the character and allure of this historic building, with its classic architectural details and period features. The Midland Street Historic District is renowned for its preservation of Bay City's rich cultural heritage, making this property a true gem. Situated in a prime location, this building benefits from its proximity to local amenities, shops, restaurants, and entertainment options. The area is a hub of activity, attracting both locals and visitors alike. Whether you're an investor looking for a solid income-generating property, a business owner seeking a new location or a developer looking for your next project, this building offers substantial potential. The combination of commercial and residential spaces ensures a diverse and reliable historic asset. Don't miss your chance to own a piece of Bay City's history. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.
Location
State MI
County Bay
Area Bay City (09016)
Zoning Mixed Use,Commercial
Interior
Heating Forced Air
Cooling None
Exterior
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick,Wood
Others
Ownership LLC
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Signature Realty