1001 Mulholland St Bay City, MI 48708

Property Details for 1001 Mulholland St

Lot size

0.40 lot acres

Property type

Commercial real estate

APN

070-T10-000-014-00

APU

070T1000001400

Description

This exceptional 3,000 square foot Class B office building presents a unique investment opportunity in Bay City, Michigan. Ideally situated just two blocks south of McLaren Bay Region, this property boasts high visibility from its corner lot location. The building features ample asphalt parking and a full basement, conveniently divided to accommodate the building's two suites. Each suite offers approximately 1,500 square feet, providing flexibility for various uses. Currently configured as a medical office, the space includes numerous exam rooms and offices, along with separate restrooms for patients and staff. However, the building's adaptable design allows for conversion to general office space, if desired. The asking price is $275,000, representing a reduced price from a previous listing. Multiple leasing options are available: the entire 3,000 square foot building can be leased for $3,000 per month modified gross, or each 1,500 square foot suite can be leased individually for $1,500 per month modified gross. Utilities are the responsibility of the tenant. This property offers a compelling investment opportunity with potential for significant return, whether through ownership or leasing. The address is 1001 Mulholland St, Bay City, MI 48708.