605 E Midland

Bay City, MI
$ 599,000 Beds 0 Baths 0 Sq 12,600
Monthly Estimate* How much can I afford?

Amazing opportunity to own a stunning historical property in the heart of the thriving Midland Street Entertainment District! At 12,600 above grade sqft, this grand structure has plenty of room to expand the current restaurant/bar/banquet business, and your portfolio! As if the marvelous original lumber-era woodworking, tin ceilings, and bevelled glass aren't enough, the turn-key building & business come complete with a Class C liquor license, fully functioning kitchen and equipment (inc. coolers), furniture, 2 pool & 2 ping pong tables, foosball, dart board, and shuffleboard! The building is served by a dry sprinkler system on all 3 levels (appx 250K value), surveillance system, and safe. There are 24 taps barside, and 4 in the banquet room. Building offers 2 sets of bathrooms (1 set is ADA accessible) The upper level would be an excellent owners' quarters, or apartments. Kitchen is currently rented for $3000/month. Inv. to be in addition to sales price.

Commercial

  • Price
  • $ 599,000
  • Lot Size
  • 0.33 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 12,600
  • Full Bathrooms
  • 0
  • Year Built
  • 1882
  • Half Bathrooms
  • 0
  • City, Zip
  • Bay City
  • Taxes
  • $ 11559
  • County
  • BAY
  • Style
  • Commercial/Industrial
  • Area
  • Bay City
  • MLS#
  • 50059752
  • Zip
  • 48706
Listing Provided by: Ayre/Rhinehart Bay REALTORS - 989-892-4800
Data Source: MiRealSource (MIRS)

Features

General

Class COM/IND/BUS OPP
Commercial Features Cafe/Kitchen, Fixtures, Occupied, Private Restrooms, Public Restrooms, Sprinkler System, Wood Floors
Cooling Ceiling Fan(s), Central A/C
Directions Between South Henry & Linn Streets
Financial Terms Cash, Commercial Loan, Land Contract
Heating Forced Air
Listing Area Bay City (09016)
Municipality Bay City
Originating Mls Bay County REALTOR Association
Ownership LLC
Roof Rubber
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1882
Zoning Commercial

Interior Features

Ceiling Height 16-20 Feet
Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate, Supplies
Exterior Brick
Foundation Type Basement
Frontage 125
Lot Dimensions 125'x114'
Lot Size Area 0.33
Roads City/County, Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Shelby Township, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/3/2021 Listed $599,000

Property vs Zip Code Average in 48706

Price
AVG $420K
$600K
Taxes
AVG $4,886
$11,559
Visits
AVG 20
9
Year Built
AVG 1951
1882
Walkscore
AVG 41
65
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

605 E Midland Bay City, MI is a Single Family Home for sale at $599000 with 12600 sqft and a lot size of 0.33 Acres Acre(s). 605 E Midland Bay City has 0 bedrooms, 0 baths and was built in 1882. The property's zip code is 48706 which is in Bay City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.