Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1703 Columbus Ave Bay City, MI 48708

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $374,998

    Land, building, and business assets for sale with liquor license.

    Property size:
    4,167 SF
    Lot size:
    0.33 Acres

    Property Features for 1703 Columbus Ave

    General Information

    Size
    4,167 SF
    Lot size
    0.33 Acres

    Source: Thomas Hospitality Group Agent Michael E. Scheid

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant with Liquor License

    This established restaurant, a Bay City institution since 1981, is available for new ownership. The sale includes the land, building, and business assets. The property features a 4,055-square-foot building with an additional 4,000-square-foot lower level. The lower level includes a prep kitchen, walk-in coolers, and dry storage. The restaurant has seating for 170 patrons indoors and 30 outdoors, with two outdoor patios for seasonal seating. The property also includes a two-bedroom apartment on the second level. The lot size is .39 acres, measuring 147 feet by 112 feet, with private on-site parking. The restaurant has a Retail On Premise License (Class C) and a Retail Off Premises (SDM License), with permits for outdoor service, Sunday sales, and dance and entertainment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Salted Chef | Personal Chef

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.872366
    Latitude
    43.589657

    Nearby Similar for Sale

    • New
      $225,000
      2,513 SF

      Bay City Four-Unit Rental Property

      Four-unit rental property in a visible, desirable Bay City location.
      39 Salzburg Ave, Bay City, MI 48706
      View Details
    • $349,900
      5,120 SF

      Renovated Bi-Level Commercial Property

      Versatile, renovated bi-level commercial property suitable for various business operations.
      1201 S Euclid Ave, Bay City, MI 48706
      View Details
    • $819,900
      0.33 Acres

      Historic Bay City Multifamily Property

      Restored 16-unit property near downtown with Airbnb potential.
      701 Center Ave, Bay City, MI 48708
      View Details
    • $819,900
      7,368 SF

      Restored Historic Bay City Multifamily

      Historic 16-unit multifamily property near downtown Bay City.
      701 Center Ave, Bay City, MI 48708
      View Details
    • $244,900
      1,901 SF

      Renovated Farmhouse on Spacious Lot

      Updated farmhouse on 1.26 acres near Bay City, Michigan.
      7977 N Portsmouth Rd, Bay City, MI 48708
      View Details
    • $299,900
      7,802 SF

      Historic Mixed-Use Investment Opportunity

      Mixed-use property in the Midland Street Historic District.
      703 E Midland St, Bay City, MI 48708
      View Details

    FAQs

    What type of property is this?
    Restaurant - Land, building, and business assets for sale with liquor license.
    Where is this restaurant located?
    The property is located at 1703 Columbus Ave Bay City, MI.
    What is the asking price?
    The asking price for this property is $374,998.
    What are key features of this property?
    This property features: - Established Restaurant: Nino's Fine Dining Italian Restaurant, a Bay City institution since 1981, offers a turnkey opportunity.; - Liquor Licenses: Includes Retail On Premise (Class C) and Retail Off Premises (SDM) Licenses, plus permits for outdoor service, Sunday sales, and dance/entertainment.; - High Capacity: Seating for 170 indoors and 30 outdoors.
    (248) 866-4855
    Request Owner's contact information
    1703 Columbus Ave Bay City, MI 48708
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1703 Columbus Ave
    Bay City, MI 48708
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1703 Columbus Ave Bay City, MI 48708
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.