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    772 Bay St East Tawas, MI 48730

    Sponsored
    For Sale
    $650,000

    Former Tim Horton's, high-traffic location, equipment included.

    Property size:
    2,354 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,354 square foot former Tim Horton's restaurant is available for $650,000 ($276.13/sq ft). Built in 2007, this single-building property boasts a prime location on West Bay Street (M-23) in East Tawas, Michigan, 48730. Its high-visibility site is situated next to a Walmart and across from Lake Huron, ensuring significant foot and vehicle traffic. Auto Zone is also a neighboring business, further enhancing the location's appeal. The property includes existing restaurant equipment, which appears to be in very good condition. While there are usage restrictions, this high-profile location presents numerous redevelopment possibilities for a discerning buyer. The property's strategic placement offers excellent potential for various commercial ventures. Detailed information regarding the usage restrictions is available upon request. This is a rare opportunity to acquire a well-maintained, established commercial property in a desirable location with high visibility and significant potential. Serious inquiries only.

    Property Features for 772 Bay St

    General Information

    Property type
    Restaurants
    Square Feet
    2,354 SF

    Building Details

    Year Built
    2007
    Buildings
    1

    HighLights

    • Former Tim Horton's restaurant, 2,354 sq ft, with existing equipment, priced at $650,000 ($276.13/sq ft).
    • Located on high‑visibility West Bay Street (M‑23) in East Tawas, MI, next to Walmart and across from Lake Huron.
    • Neighboring businesses include Auto Zone.
    • Usage restrictions apply; details available upon request.
    • High redevelopment potential due to prime location and existing infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Tawas
    County
    Iosco
    State
    Michigan
    Longitude
    -83.4988837
    Latitude
    44.2777435

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    FAQs

    What type of property is this?
    Restaurant - Former Tim Horton's, high-traffic location, equipment included.
    Where is this restaurant located?
    The property is located at 772 Bay St East Tawas, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Former Tim Horton's restaurant, 2,354 sq ft, with existing equipment, priced at $650,000 ($276.13/sq ft).; Located on high-visibility West Bay Street (M-23) in East Tawas, MI, next to Walmart and across from Lake Huron.; Neighboring businesses include Auto Zone.
    Request Owner's contact information
    772 Bay St East Tawas, MI 48730
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    East Tawas, MI 48730
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    772 Bay St East Tawas, MI 48730
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