Restaurant Redevelopment Building with Liquor
For Sale
$189,000
706 Washington Ave, Bay City, MI 48708
Blank-canvas restaurant building with main-floor open space and a transferable Class C liquor license.
Property Size7,660 SF
Price / SF$24.67
Days on Market21
Property Features for 706 Washington Ave
General Information
Standard status
Active
Size
7,660 SF
Property subtype
Industrial
Amenities
Concrete, Wood
3
Flat, Rubber
38112
Building Details
Year Built
1900
Listing Agency:
Berkshire Hathaway HomeServices, Bay City
(989) 545-9547
Listed By:
Calyb Shaw · License #BCRA-6501437030
(989) 545-9547
Source:
Xome
Added: Jul 22
Changed: Aug 8
Last Checked: Aug 11 at 5:16AM
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 Berkshire Hathaway HomeServices, Bay City
Investment Insights
Based on property information with market context.
This for-sale commercial property at 706 Washington Avenue in Bay City offers a blank-canvas redevelopment opportunity as an individual building. Total size is 7,660 square feet, with the main floor featuring soaring ceilings and nearly 4,000 square feet of open space. A dividing wall currently separates the first floor into two distinct areas, supporting the possibility of multiple concepts within the same building. Upstairs, there is an open ballroom with character and flexible redevelopment potential.
A Class C liquor license is available with the building. The remarks indicate the combination of a transferable license and the downtown location supports hospitality uses such as a restaurant, brewery, cocktail lounge, or other entertainment concept. The seller has already completed extensive interior demolition, leaving the property ready for buildout and redevelopment planning.
If the buildings are sold separately, the liquor license will be available on a first-come, first-served basis.
A Class C liquor license is available with the building. The remarks indicate the combination of a transferable license and the downtown location supports hospitality uses such as a restaurant, brewery, cocktail lounge, or other entertainment concept. The seller has already completed extensive interior demolition, leaving the property ready for buildout and redevelopment planning.
If the buildings are sold separately, the liquor license will be available on a first-come, first-served basis.
Key Highlights
- Nearly 8,000 SF downtown Bay City commercial building with main‑floor featuring nearly 4,000 SF open commercial space
- First floor has a dividing wall separating the space into two distinct areas for multiple concepts or tenants
- Upstairs open ballroom with options including event venue, office space, or residential lofts
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Blank-canvas restaurant building with main-floor open space and a transferable Class C liquor license.
Where is this conventional restaurant located?
The property is located at 706 Washington Ave Bay City, MI.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Nearly 8,000 SF downtown Bay City commercial building with main‑floor featuring nearly 4,000 SF open commercial space; First floor has a dividing wall separating the space into two distinct areas for multiple concepts or tenants; Upstairs open ballroom with options including event venue, office space, or residential lofts
