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    500 Washington Ave Bay City, MI 48708

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    For Sale
    $119,900

    Prime commercial corner suitable for retail or automotive businesses.

    Lot size:
    0.23 Acres

    Property Features for 500 Washington Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1983

    Source: RE/MAX Platinum - Grand Blanc Agent Scott Myers

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

    Overview

    Commercial Corner with High Visibility

    This commercial corner property offers high visibility and strong traffic counts, situated in an area with favorable demographics. The existing structure, formerly a used car lot, is well-suited for a car wholesale or retail operation. The location's demographics support a variety of business opportunities. Land contract options may be available.
    Location Intelligence

    Current Use by Public Records

    Shrader Wholesale, LLC Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.887725
    Latitude
    43.595407

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    FAQs

    What type of property is this?
    Automotive property - Prime commercial corner suitable for retail or automotive businesses.
    Where is this automotive property located?
    The property is located at 500 Washington Ave Bay City, MI.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Prime commercial corner location with high visibility; - Strong traffic counts; - Good demographics
    (810) 344-3363
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    500 Washington Ave Bay City, MI 48708
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    Bay City, MI 48708
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    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
    500 Washington Ave Bay City, MI 48708
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