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704 Washington Ave
Bay City, MI 48708
Retail Property For Sale


Investment Highlights
- Located along Washington Avenue in downtown Bay City.
- Convenient access to regional transportation routes.
- Walkable location near downtown amenities and services.
- Surrounded by a mix of retail, office, dining, and service businesses.
- Positioned within an established commercial business district.
- Suitable for owner-users, investors, and a variety of commercial occupiers.
Executive Summary
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,159 SF
Building Class
C
Year Built
1900
Price
$179,900
Price Per SF
$22.05
Tenancy
Single
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
C-3 CTRL B - Commercial Zoned District
Amenities
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 160-021-379-011-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $50,300 |
Property Taxes
Parcel Number
160-021-379-011-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$50,300
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