Property profile

1201 Salzburg Ave Bay City, MI 48706

OFF-MARKET
Retail space
Property ID
US43-0764583
3,944 SF 0.5 ac lot Built 1992
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,061 square foot retail space is located at 1201 Salzburg Ave in Bay City, Michigan, within Bay County (zip code 48706). The property sits on a 1.95-acre lot and offers a single-tenant occupancy. The building is entirely vacant and ready for immediate occupancy. The modern design features abundant natural light and a flexible layout, easily adaptable to various retail businesses. The property boasts 46 parking spaces, ensuring convenient customer access. Its prime location provides high visibility and significant foot traffic, making it an ideal opportunity for businesses seeking a strong presence in a thriving area. The well-maintained exterior creates a professional and inviting atmosphere. This is a remarkable chance to establish or expand a retail operation in the heart of Bay City. The property's size and features make it suitable for a wide range of retail concepts. The ample parking and high visibility are key advantages for attracting customers. This location offers excellent potential for growth and success.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Total area 3,944 SF
Lot 0.5 ac (21,780 SF)
Zoning code C
APN 100-038-200-680-00
UPID US43-0764583

Cap rate & NOI

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

Location

1201 Salzburg Ave Bay City, MI 48706-3438
Bay City metro Census 285500 BAY CITY, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

C · Bay City, MI

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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