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. An SDM license is available for 305 E Midland for an additional $6500.
Listing Courtesy of Keller Williams Paint Creek, Office Phone: 248-609-8000
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Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
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