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    1241 Michigan Ave Bay City, MI 48708

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    For Sale
    $224,900

    Turnkey four-unit property with residential and commercial spaces.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 24 at 8:33 pm

    Property Features for 1241 Michigan Ave

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1930

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    Listing Contact
    Zach Martin

    Listing agent Zach Martin

    Listing office

    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


    Overview

    Bay City Mixed-Use Investment

    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.
    Location Intelligence

    Current Use by Public Records

    Jackson Clay & Gallery Art Gallery

    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

    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.
    More about this property
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