1241 Michigan Ave, Bay City, MI 48708

Building Details

Year Built

1930

Listing agent Zach Martin Show Phone

Listing office m***@gmail.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Zach Martin

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Overview

This four-unit mixed-use property in Bay City presents an opportunity for investors seeking monthly cash flow or owner-occupants. The property includes two residential apartments and two commercial storefronts. The upper residential unit, featuring two bedrooms and one bathroom, is currently rented for $1,100 per month and has been updated with new flooring and fresh paint. The lower residential unit, a one-bedroom, one-bathroom apartment, is rented to a long-term tenant for $500 per month. The two commercial units, previously used as a salon and an office, are currently vacant. Both have been refreshed with new flooring and fresh paint. The property is located in an area that is somewhat bikeable and somewhat walkable. This property offers flexibility, upside, and immediate returns.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Bay City

County

Bay

State

Michigan

Longitude

-83.88568

Latitude

43.569046

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FAQs

What type of property is this?

Mixed-use property - Turnkey four-unit property with residential and commercial spaces.

Where is this mixed-use property located?

The property is located at 1241 Michigan Ave Bay City, MI.

What is the asking price?

The asking price for this property is $224,900.

What are key features of this property?

This property features: Turnkey mixed‑use property with immediate, stable income from two residential units.; Opportunity for strong cash flow with upside potential from leasing two vacant commercial units.; Ideal "house hack" for owner‑occupants: live/work setup where tenants cover mortgage and expenses.