606 3rd St Bay City, MI 48708-5906
- Individual retail properties
- 4,300 SF
- 0.48 lot acres
Feb 15, 2023
Current Use by Public Records
- House Of Evolution Cannabis Dispensary - Bay City / Cannabis Store
Property Details for 606 3rd St
- Year built
- 1987
- Lot size
- 0.48 lot acres
- Property size
- 4,300 SF
- Zone code
- C-2A GENL BUS
- Property type
- Individual retail properties
- APN
- 160-021-404-009-00
- APU
- 16002140400900
Description
This thriving adult-use cannabis retail business in Bay City, Michigan, is offered for sale, including the real estate. Located at 606 3rd St, this 4,300 square foot storefront boasts a prime location near downtown and uptown Bay City's vibrant hospitality and events scene. The property, situated on a 0.48-acre lot, includes 24 parking spaces, ensuring ample customer convenience. The building, constructed in 1987 and extensively renovated in 2023, is zoned BI and features a single story. The asking price for the business and real estate is $850,000. The real estate alone is available for $650,000, but only in conjunction with the business purchase. Alternatively, the real estate can be leased for $4,100 per month plus NNN charges. This turnkey operation offers excellent visibility and high traffic, making it an exceptional investment opportunity in a rapidly growing market. The property features one unit and has a net rentable area of 4,300 square feet. The parcel number is 0916002140400900. This is a rare opportunity to acquire a successful, established business with significant growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $105,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bay City
- County
- Bay
- State
- Michigan
- Longitude
- -83.8833
- Latitude
- 43.6004
- CBSA code
- 13020
- CBSA name
- BAY CITY, MI METROPOLITAN STATISTICAL AREA
