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    Property profile & analytics
    OFF-MARKET Estimated value $635,000
    Turn key restaurants

    3898 State St Rd, Bay City, MI 48706-2111

    4,856 SF 1.51 ac lot Built 1999
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1567153
    Property summary
    AI-generated overview

    This exceptional 4,856 square foot restaurant located at 3898 State Street Road in Bay City, Michigan, presents a unique redevelopment opportunity for owner-users. Situated on a 1.51-acre lot, this single-story building, constructed in 1999 and renovated in 2013, offers significant potential. The property boasts a prime location near heavy retail activity, ensuring high visibility and foot traffic. A key advantage is the existing liquor license, a valuable asset for any restaurant operation. Furthermore, the property has already received approval for a drive-thru, adding significant convenience and potential for increased revenue streams. Ample space for outdoor seating is also available, enhancing the dining experience and expanding capacity. The asking price for this turnkey restaurant is $1,250,000. This is an ideal investment for an experienced restaurateur seeking to establish or expand their business in a thriving Bay City market. The property's existing infrastructure and approved improvements significantly reduce the time and cost associated with starting a new restaurant. Don't miss this chance to acquire a well-positioned, established restaurant with significant upside potential. The property is zoned for restaurant use and is located in Bay County, Michigan, zip code 48706.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1999
    Total area 4,856 SF
    Lot 1.51 ac (65,776 SF)
    Zoning code C-2
    APN 010-008-400-070-00
    UPID US43-1567153
    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
    • Brann's Steakhouse and Sports Grille Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $634k
    Blend (final) Blend
    $635k
    Owner & transaction history
    Xingwang LLC · 1 yrs held
    Xingwang LLC
    since 2025
    6 recorded transactions
    2025
    $885,000
    2013
    1969
    1969
    1969
    1969
    Zoning & alternative use
    C-2 · Bay City, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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