Property profile

606 3rd St Bay City, MI 48708

OFF-MARKET
Individual retail properties
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Property ID
US43-1292557
4,300 SF 0.48 ac Built 1987
Last sale Feb 2023·$100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This thriving adult-use cannabis retail business in Bay City, Michigan, is offered for sale, including the real estate. Located at 606 3rd St, this 4,300 square foot storefront boasts a prime location near downtown and uptown Bay City's vibrant hospitality and events scene. The property, situated on a 0.48-acre lot, includes 24 parking spaces, ensuring ample customer convenience. The building, constructed in 1987 and extensively renovated in 2023, is zoned BI and features a single story. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value · 2024$197k
Effective rate7.79%

Value estimate

· Nov 2026
$105k
$95k – $116k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2A GENL BUS
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.8
Dry Cleaner9.4
Carpet & Flooring Store9.3

Location

606 3rd St Bay City, MI 48708-5906
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 1st, Bay City, MI 48708-5803 $200,000 Jan 2026 3,240 SF
1704 Woodside, Bay City, MI 48708-5481 $32,000 Jul 2025 3,980 SF
1112 Garfield, Bay City, MI 48708-7178 $182,100 Aug 2024 4,900 SF
1313 Johnson, Bay City, MI 48708-6257 $120,000 Dec 2023 4,600 SF
1719 3rd, Bay City, MI 48708-6211 $154,350 Nov 2023 3,888 SF
601 Washington, Bay City, MI 48708-5727 $250,000 Oct 2021 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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