Property profile

2011 Columbus Ave Bay City, MI 48708

FOR SALE
Retail space
Property ID
US43-1553354
2,160 SF 0.13 ac lot Built 1976
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2160 square foot commercial building, situated at 2011 Columbus Avenue in Bay City, Michigan, presents a fantastic opportunity for entrepreneurs. Located conveniently close to Bay Medical Hospital, this property boasts high visibility and accessibility, making it perfect for a variety of small businesses. Imagine establishing your insurance agency, real estate office, nail salon, or retail store in this well-positioned space. The building is offered for sale at $99,900 and is also available for lease (lease terms available upon request). A prominent monument sign is already in place, ready for your business branding, ensuring immediate recognition and attracting potential customers. The property is classified as special purpose land and offers a unique chance to own a thriving commercial space in a desirable Bay County location. The building's size and location make it an attractive investment for those seeking a strong foothold in the Bay City market. The zip code is 48708. This property is ready for immediate occupancy and offers a turnkey solution for your business needs. Don't miss this chance to secure a prime commercial location in a thriving community. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Total area 2,160 SF
Lot 0.13 ac (5,663 SF)
Zoning code C-1 NBHD BUS
APN 160-027-252-009-00
UPID US43-1553354

Cap rate & NOI

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

Location

2011 Columbus Ave Bay City, MI 48708
Bay City metro Census 280500 BAY CITY, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2022
Last sale
$65,000
2 recorded transactions
2022
$65,000
2011
Price N/A

Zoning & alternative use

C-1 NBHD BUS · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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