700 Marquette Ave Bay City, MI 48706
This exceptional Bay City, Michigan property presents a compelling redevelopment opportunity. Located at 700 Marquette Ave, 48706, this industrial waterfront site boasts a total of 42,000 square feet across two buildings on a 5.6-acre lot. The property is currently vacant, offering immediate potential for a variety of uses. The asking price for the entire 5.6-acre parcel is $758,000, representing a price per square foot of $18.05. The site is strategically situated on the Saginaw River, adjacent to a marina, condos, and a park, providing excellent visibility and access. The property is comprised of two 2.8-acre parcels. The northern parcel encompasses the existing 42,000 square foot, two-story warehouse building. The southern parcel is vacant and available separately for $398,500. This unique offering allows for flexibility, with the potential to develop the vacant land independently or in conjunction with the existing warehouse. The property's prime location and substantial size make it an ideal investment for developers seeking a high-impact project in a desirable waterfront setting. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.