Commercial SaleBusiness701 Center Avenue, Bay City, MI 48708

Basics

  • Date added: Added 4 weeks ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 16
  • Lot size: 0.33 sq ft
  • Year built: 1876
  • Bathrooms Full: 16
  • Lot Size Acres: 0.33 acres
  • Business Type: Other
  • County: Bay
  • MLS ID: 25008744

Description

  • Description:

    Welcome to 701 Center Ave, a historic Second Empire home built in 1876 by James Shearer and his wife, Margaret. This property is rich in charm and character. The building offers 16 updated apartments, including 5 one-bedrooms, 1 two-bedroom, and 10 studios. Architectural details include a grand staircase, intricate plasterwork, and multiple fireplaces. Modern amenities include off-street parking, an in-house laundry facility, and efficient boiler heating. The owner covers gas, water, and sewer. Recent updates include a new roof, resealed and painted windows, new gutter system, plus so much more. With its prime location and unique character, 701 Center Ave presents a strong opportunity for repositioning to maximize financial return, whether through long or short-term rentals. Located just steps from Bay City's vibrant downtown, enjoy easy access to dining, shopping, and entertainmentan incredible opportunity to own a piece of history!

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Location

  • Directions: NE corner of Center and Monroe

Building Details

  • Building Area Total: 7368 sq ft
  • Number Of Units Total: 16
  • Construction Materials: Brick
  • Sewer: Public Sewer
  • Heating: Baseboard, Forced Air
  • StoriesTotal: 2
  • Foundation Details: Stone
  • Number Of Buildings: 1

Amenities & Features

  • Parking Total: 17
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
  • WaterSource: Public

Fees & Taxes

  • Tax Assessed Value: $199,607
  • Tax Year: 2024
  • Tax Annual Amount: $12,930.27

School Information

  • High School District: Bay City

Miscellaneous

  • Road Surface Type: Paved
  • CrossStreet: Monroe
  • Listing Terms: Other, Cash
  • Tenant Pays: Electricity

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $875,000. It has bedrooms, 16 baths bathrooms, and is . The property was built in 1876 year.

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