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$179,900
50215912 MLS
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.

702 Washington Avenue 702 Washington Ave South Building, Bay City

$189,000
50215905 MLS
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.

706 Washington Avenue 706/702 Washington Ave North Building, Bay City

$399,900
50212388 MLS
Welcome to 1500 Center Ave! A rare opportunity to acquire a 7-unit apartment building in the heart of Bay City's historic Center Avenue corridor. Owned by the same family for the past 30 years, this property offers stable rental income and significant upside potential. Recent improvements include a complete rebuild of the steam boiler system, a new porch roof, and a new garage roof, helping reduce future capital expenditure needs. Located on one of Bay City's most iconic streets, the property benefits from strong rental demand and features a detached garage along with off-street parking—amenities that are increasingly difficult to find in historic multifamily properties. With below-market rents and long-term ownership, investors will appreciate the opportunity to increase income over time while acquiring a well-maintained asset in a highly desirable location. Whether you're looking for a long-term hold or a value-add investment, 1500 Center Ave presents a compelling opportunity to grow your portfolio. Don't miss your chance to own a classic Bay City investment property with substantial upside potential!

1500 Center Avenue, Bay City

$299,900
50208963 MLS
Prime redevelopment opportunity in the heart of Downtown Bay City. Located just steps from the Saginaw River, Wenonah Park, restaurants, boutiques, nightlife, and year-round activity, 702 Washington Ave offers approximately 16,000 SF of endless potential in one of the city’s most walkable and high-traffic locations. Liquor license available to purchase separately. The expansive main floor features soaring ceilings and open layouts ideal for restaurants, bars, retail, office space, entertainment venues, or multi-tenant commercial use. Upstairs, the second floor is currently framed for a large apartment space, creating excellent mixed-use, Airbnb, or residential potential. A true blank canvas ready for redevelopment, investment, or your next flagship business concept.

702 Washington Avenue, Bay City

$195,000
50197332 MLS
Investment Overview Stabilized 3-unit mixed-use/commercial apartment property offering strong in-place income and minimal deferred maintenance. The building has been fully and beautifully remodeled, featuring a new roof, new boiler, updated electrical systems, and an upgraded parking lot—significantly reducing near-term capital expenditures. The property is fully occupied, delivering immediate cash flow from day one. Located near key city amenities, retail, dining, and transportation, this asset benefits from consistent tenant demand and long-term rental stability. Ideal for investors seeking a turnkey property with predictable returns. Interior photos to follow on the 15th of January. Schedule your showing today.

804 S Farragut Street, Bay City