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    FOR SALE
    Auto shops

    3392 S Huron Rd, Bay City, MI 48706

    2,080 SF 0.66 ac lot Built 1976
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-1299404
    Property summary
    AI-generated overview

    This turnkey recreational dispensary in Bay City, Michigan, presents a unique investment opportunity. Located on a high-traffic corner lot (0.5 acres) with multiple curb cuts and over 25 parking spaces, this 2,000 square foot building boasts a prime location seeing over 6,500 cars daily. Completely renovated in 2020, the property includes the real estate, license, business, and goodwill. The business generated approximately $2 million in sales and $800,000 in gross profit in 2023. Inventory valued between $200,000 and $300,000 is available for purchase at cost. Seller financing is available for qualified buyers at market rates and terms. The asking price is $795,000, representing a price per square foot of $449.50. This fee-simple ownership opportunity is zoned for commercial use and offers significant potential for continued growth and profitability. The single-story building is situated on a highly visible corner, ensuring maximum exposure and accessibility for customers. This is a rare chance to acquire a successful, established business with significant assets and strong financial performance.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1976
    Total area 2,080 SF
    Lot 0.66 ac (28,750 SF)
    Zoning code C-2
    APN 010-006-300-445-00
    UPID US43-1299404
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bud Brothers Cannabis Co. (Bike/Boat/Book/etc) Store
    • Bud Brothers Provisioning Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Innercity Investment Group INC · 4 yrs held
    Innercity Investment Group INC
    since 2022
    Last sale
    $100,000
    6 recorded transactions
    2022
    $100,000
    2020
    $400,000
    2020
    $250,000
    2015
    2014
    $99,000
    2013
    Zoning & alternative use
    C-2 · Bay City, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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