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Mixed-Use Building in Midland District
For Sale
$364,000

301 E Midland St, Bay City, MI 48706

Historic mixed-use building with retail and residential redevelopment potential.

Property Size15,000 SF
Price / SF$24.27
Days on Market122

Property Features for 301 E Midland St

General Information

Standard status Active
Size 15,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,472

Building Details

Building Size 15,000 SF
Year Built 1870
Listing Agency: Keller Williams Paint Creek
Listed By: Joseph Delia · License #6501372650
Source: Elliman
Added: Apr 24 Changed: Aug 10 Last Checked: Aug 22 at 7:54AM

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 Keller Williams Paint Creek

Investment Insights

Based on property information with market context.

This 15,000 sq ft mixed-use building is located in Bay City’s Midland Street District. The property features five street-level retail storefronts and a second floor with redevelopment potential. One storefront is currently leased at $850 per month plus utilities. Four additional storefronts are available for lease-up. Each unit is separately metered for utilities and includes private basement space with updated plumbing and drainage. The upper level contains 12 apartment units ready for renovation, with engineered plans available for a four-unit luxury condominium conversion. The property is located within walking distance of the Bay County Riverwalk and surrounded by restaurants, nightlife, and entertainment venues. An SDM license is available for 305 E Midland for an additional $6500.

Key Highlights

  • Prime mixed‑use investment opportunity in Bay City's vibrant Midland Street District.
  • 15,000 sq ft historic building with five street‑level retail storefronts.
  • Substantial redevelopment potential on the second floor.

Property Analytics

Current Use

Studio 301 Photography Service

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Garden Center Storage Facility Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

Demographics for 48706, MI

39,381
Population
18,163
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
93%
High-School Grad
66.3 sq mi
ZIP Area
594
Density / Sq Mi
$61,908
Median Household Income
$40,151
Median Earnings
$887
Median Rent
$142,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use building with retail and residential redevelopment potential.
Where is this mixed-use property located?
The property is located at 301 E Midland St Bay City, MI.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Prime mixed‑use investment opportunity in Bay City's vibrant Midland Street District.; 15,000 sq ft historic building with five street‑level retail storefronts.; Substantial redevelopment potential on the second floor.
More about this property
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