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    3898 State Street Rd Bay City, MI 48706

    Sponsored
    For Sale
    $1,250,000

    Prime Bay City Restaurant, Redevelopment Opportunity

    Property size:
    4,856 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,856 square foot restaurant located at 3898 State Street Road in Bay City, Michigan, presents a unique redevelopment opportunity for owner-users. Situated on a 1.51-acre lot, this single-story building, constructed in 1999 and renovated in 2013, offers significant potential. The property boasts a prime location near heavy retail activity, ensuring high visibility and foot traffic. A key advantage is the existing liquor license, a valuable asset for any restaurant operation. Furthermore, the property has already received approval for a drive-thru, adding significant convenience and potential for increased revenue streams. Ample space for outdoor seating is also available, enhancing the dining experience and expanding capacity. The asking price for this turnkey restaurant is $1,250,000. This is an ideal investment for an experienced restaurateur seeking to establish or expand their business in a thriving Bay City market. The property's existing infrastructure and approved improvements significantly reduce the time and cost associated with starting a new restaurant. Don't miss this chance to acquire a well-positioned, established restaurant with significant upside potential. The property is zoned for restaurant use and is located in Bay County, Michigan, zip code 48706.

    Property Features for 3898 State Street Rd

    General Information

    Property type
    Restaurants
    Square Feet
    4,856 SF
    Lot Size
    65,776 SF

    Building Details

    Year Built/Renovated
    1999/2013
    Buildings
    1
    Stories
    1

    HighLights

    • 4,856 SF Restaurant Space Available for Sale
    • Liquor License Included
    • High‑traffic Bay City location near major retailers
    • Drive‑Thru Approved
    • Outdoor Seating Area
    Property Profile Location Intelligence

    Current Use by Public Records

    Brann's Steakhouse and Sports ... Steak House

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.89472827
    Latitude
    43.62624315

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    FAQs

    What type of property is this?
    Restaurant - Prime Bay City Restaurant, Redevelopment Opportunity
    Where is this restaurant located?
    The property is located at 3898 State Street Rd Bay City, MI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 4,856 SF Restaurant Space Available for Sale; Liquor License Included; High-traffic Bay City location near major retailers
    Request Owner's contact information
    3898 State Street Rd Bay City, MI 48706
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    Bay City, MI 48706
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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
    3898 State Street Rd Bay City, MI 48706
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