1017 Washington Ave - Storefront Retail/Residential FOR SALE


Bay City, MI 48708- Downtown Bay City
$500,000 USD
989-415-2251
1017 Washington Ave, Bay City, MI for Sale
$500,000 USD
Storefront Retail/Residential - FOR SALE
1/66
null | Request Cap Rate

1017 Washington Ave
Bay City, MI 48708
Downtown Bay City


HIGHLIGHTS

  • Bustling Downtown Neighborhood
  • Over 200 Residential Apartments in Close Proximity
  • High Traffic and Bussing Routes

OVERVIEW

This remarkable property offers its new owner much more than just a colorful history! Expertly crafted in the early 1870s, you'll find little surprises leftover from the past around every corner. Throughout its nearly 10,000 square feet are 3 retail/service storefronts, a sharp ground level residence, and 4900 square feet of original charm upstairs where 8 apartments once were. There is plenty of gorgeous Chicago brick throughout the main & upper levels, gracing the property with unreplicable vintage flair. The new floor to ceiling replacement windows along 3rd Street capture the sparkle of the neighboring Star Bridge and all the festivities that happen along the street! There is an incredible basement built of 150+ year old stone & brick, with glimpses into elevations long gone, where one could access these amazing lower levels right from the street! For you history buffs, some past occupants of these grand spaces in the 1800s were: H. Boutyette, dealer in "high-end/fancy groceries"; A. Bence! The Big Red Boot, crafting fine boots & shoes to order; A. Brawn, manufacturer of fine equestrian leather goods; Edward T. French, produce dealer; and many pharmacists, engineers, & attorneys.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Historic Washington & 3rd

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1870

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

09-160-021-332-005-00

ASK ABOUT THIS PROPERTY

Shelley NiedzwieckiAyre/Rhinehart Bay RealtorsMore Info
989-415-2251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Shelley NiedzwieckiAyre/Rhinehart Bay RealtorsMore Info
989-415-2251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.