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1705 Columbus Ave Bay City, MI 48708

OFF-MARKET Retail properties & Spaces Google Maps
4,055 SF 0.38 ac lot Built 1910
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Prime Bay City location awaits a new owner for this established restaurant at 1705 Columbus Ave. This 4,055 square foot building, built in 1910 and situated on a 0.38-acre lot (APN 16002715301300), offers a fantastic business opportunity. The property includes a fully equipped kitchen, two patios, and a two-bedroom apartment. With a seating capacity of 170, the restaurant boasts a full liquor license and all necessary equipment, furniture, dishware, and glassware are included in the sale price of $375,000. The west side of the building underwent a complete redesign and rebuild in 2003. A spacious 4,000 square foot basement provides ample storage, along with a new ice maker, walk-in cooler, laundry facilities, and prep area. A comprehensive sound system (including patios), pager system, and computerized POS device are in place. The restaurant also offers outdoor dining and takeout/delivery services. This turnkey operation is ready for a new owner to step in and continue its success. The property is located in Bay City, Michigan, zip code 48708.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1910
Total area 4,055 SF
Lot 0.38 ac (16,553 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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