Property profile

772 Bay St East Tawas, MI 48730

OFF-MARKET
Retail properties & Spaces
Property ID
US43-3015192
2,354 SF Built 2007
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2007
Total area 2,354 SF
UPID US43-3015192

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

772 Bay St East Tawas, MI 48730
East Tawas metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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