Small Drive-Through Restaurant
For Sale
$90,000
1525 Broadway St, Bay City, MI 48708
Compact commercial building with access from two streets, parking, and an asphalt surface for customer circulation.
Property Size345 SF
Price / SF$260.87
Days on Market90
Property Features for 1525 Broadway St
General Information
Standard status
Active
Size
345 SF
Building Details
Year Built
1952
Listing Agency:
Exclusive House of Real Estate
Listed By:
Ashley Andrews · License #6501418707
(810) 845-1154
Source:
Katie-k
Added: Jul 9
Changed: Oct 1
Last Checked: Oct 5 at 11:43PM
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 Exclusive House of Real Estate
Investment Insights
Based on property information with market context.
This 345-square-foot commercial building offers a compact format for drive-through restaurant, coffee shop, café, or other quick-service retail use. The property includes 10 parking spaces, outdoor lighting, and an asphalt surface, with the small footprint supporting an efficient operating layout.
Access from two streets provides separate approaches for customers and supports potential drive-through circulation. The property is located at 1525 Broadway Street in Bay City, Michigan, within an established area with access to surrounding neighborhoods and commuter routes. Built in 1952, the building may also suit a small office, service business, boutique retailer, bakery, or beverage-focused operator, subject to applicable approvals.
Access from two streets provides separate approaches for customers and supports potential drive-through circulation. The property is located at 1525 Broadway Street in Bay City, Michigan, within an established area with access to surrounding neighborhoods and commuter routes. Built in 1952, the building may also suit a small office, service business, boutique retailer, bakery, or beverage-focused operator, subject to applicable approvals.
Key Highlights
- 345‑square‑foot commercial building
- Potential drive‑through layout with access from two streets
- 10 parking spaces with asphalt surface
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,525
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,500
$70.5K
Cap Rate 7%
$50,357
$50.4K
Cap Rate 9%
$39,167
$39.2K
Market Conditions
NOI Build-Up for 345 SF
Gross rent
$5.0K $14.40/SF
− Vacancy
−$268 −$0.78/SF
EGI
$4.7K $13.62/SF
− OpEx
−$1.2K −$3.41/SF
NOI
$3.5K $10.22/SF
Area
Bay County, MI
Vacancy
5.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,500
Cap Rate 7%
$50,357
Cap Rate 9%
$39,167
Alternative Uses
Best Use
Specialty Retail
$50.4K
$44.1K – $58.8K
NOI $3,525 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$62.5K
$54.7K – $72.9K
NOI $4,372 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Groceries 19%
Dining 10%
Electronics 3%
Sunoco
Shops & Services
8,666 visits/mo
0.5 miles
Save-A-Lot
Groceries
8,202 visits/mo
0.4 miles
Marathon
Shops & Services
6,960 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,842 visits/mo
0.4 miles
REBEL Convenience Store
Shops & Services
2,947 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Compact commercial building with access from two streets, parking, and an asphalt surface for customer circulation.
Where is this drive through restaurant located?
The property is located at 1525 Broadway St Bay City, MI.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 345‑square‑foot commercial building; Potential drive‑through layout with access from two streets; 10 parking spaces with asphalt surface
