Financial
Distress signals
Property profile

606 3rd St Bay City, MI 48708

OFF-MARKET
Individual retail properties
Property ID
US43-1292557
4,300 SF 0.48 ac lot 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.
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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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

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

Value estimate

· Sep 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 · 16 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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