772 Bay St, East Tawas, MI 48730
This exceptional 2,354 square foot former Tim Horton's restaurant is available for $650,000 ($276.13/sq ft). Built in 2007, this single-building property boasts a prime location on West Bay Street (M-23) in East Tawas, Michigan, 48730. Its high-visibility site is situated next to a Walmart and across from Lake Huron, ensuring significant foot and vehicle traffic. Auto Zone is also a neighboring business, further enhancing the location's appeal. The property includes existing restaurant equipment, which appears to be in very good condition. While there are usage restrictions, this high-profile location presents numerous redevelopment possibilities for a discerning buyer. The property's strategic placement offers excellent potential for various commercial ventures. Detailed information regarding the usage restrictions is available upon request. This is a rare opportunity to acquire a well-maintained, established commercial property in a desirable location with high visibility and significant potential. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.