1001 Garfield Ave, Bay City, MI 48708
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1001 Garfield Ave
- Year built
- 1900
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
Description
This exceptional Bay City, Michigan property at 1001 Garfield offers a unique investment opportunity. Located directly on Garfield/M-84, this 0.13-acre lot features a two-story, 1900-built building with significant potential. Currently vacant, the property includes a ground-floor retail space ideal for a variety of businesses, ready for immediate occupancy and customization. Upstairs, a two-bedroom apartment provides additional income potential through rental. The property boasts six parking spaces, a valuable asset for both retail customers and apartment tenants. The building's solid structure provides a strong foundation for future development or continued use. This is a rare chance to acquire a well-situated commercial property in a thriving Michigan community, with the potential for immediate rental income and long-term appreciation. The asking price is $69,900. The property is zoned for commercial use and is conveniently located in Bay County, Michigan, zip code 48708. This is a for-sale-by-owner opportunity. The property's prime location on a busy thoroughfare ensures high visibility and accessibility. With some minor improvements, this property can be transformed into a highly profitable venture. Don't miss this chance to own a piece of Bay City's vibrant commercial landscape.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bay City
- County
- Bay
- State
- Michigan
- Longitude
- -83.8904537
- Latitude
- 43.5812902
