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Mixed-Use Property with Storefronts
New
For Sale
$219,900

1241 Michigan Avenue, Bay City, MI 48708

Four-unit configuration combines residential apartments with commercial storefront space for an integrated live-work or investment property.

Property Size3,600 SF
Days on Market7

Property Features for 1241 Michigan Avenue

General Information

Standard status Active
Size 3,600 SF
Property subtype Commercial

Additional Details

Office Units 1

Building Details

Building Size 3,600 SF
Year Built 1930
Tenancy Multi
Listing Agency: HOMEFLO
Listed By: Taylor Cobb
Source: Eliterealtymi
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 20 at 1:25PM

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 HOMEFLO

Investment Insights

Based on property information with market context.

Built in 1930, this mixed-use property contains four units: two apartments and two commercial storefronts. The upper apartment offers two bedrooms and one bathroom, while the lower apartment includes one bedroom and one bathroom. Both residential units are occupied. The commercial portion consists of a salon space and an office, each currently vacant and available for occupancy or leasing. Recent improvements to the apartments and storefronts include new flooring and fresh paint.

The property is located at 1241 Michigan Avenue in Bay City, Michigan. Its combination of residential and commercial space supports multiple operating configurations, including an owner-occupied business component alongside residential units. Showings of the residential apartments require direct coordination with the listing agent, and residential occupants should not be disturbed.

Key Highlights

  • Four‑unit mixed‑use property with two apartments and two commercial storefronts
  • Upper apartment has 2 bedrooms and 1 bathroom
  • Lower apartment has 1 bedroom and 1 bathroom

Property Analytics

Current Use

Jackson Clay & Gallery Art Gallery

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Big Box & Wholesale Store Spa & Massage Center

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

Lease Details

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 48708, MI

25,860
Population
12,625
Households
2
Avg Household Size
41
Median Age
17%
College-Educated
89%
High-School Grad
29.1 sq mi
ZIP Area
889
Density / Sq Mi
$50,216
Median Household Income
$31,978
Median Earnings
$703
Median Rent
$98,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-unit configuration combines residential apartments with commercial storefront space for an integrated live-work or investment property.
Where is this mixed-use property located?
The property is located at 1241 Michigan Avenue Bay City, MI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Four‑unit mixed‑use property with two apartments and two commercial storefronts; Upper apartment has 2 bedrooms and 1 bathroom; Lower apartment has 1 bedroom and 1 bathroom
More about this property
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