Sale InvestmentRetail
301 E Midland St, Bay City, MI 48706
- $364K
- 15,000 SF building
- 1 ac
310 E Midland St is a 15,000-square-foot historic mixed-use investment property in Bay City's Midland Street District. The 1890-built building was renovated in 2020 and includes five street-level retail storefronts, 12 second-floor apartment units, 35 parking spaces, and approximately 0.76 acres. The property is zoned C-3 within the Central Business District.One retail storefront is currently leased at $850 per month plus utilities, while four additional storefronts are available for lease-up. Each retail unit is separately metered and includes private basement storage with updated plumbing and drainage.The second floor includes 12 apartment units requiring renovation, providing a value-add residential opportunity. Fully engineered plans are available for a proposed four-unit condominium conversion, offering an alternative repositioning strategy.The property is located near the Bay County Riverwalk and Midland Street District restaurants, breweries, nightlife, and entertainment venues. An SDM (Specially Designated Merchant) liquor license for 305 E Midland is also available separately for an additional $6,500.An offering memorandum, rent roll, and engineered condominium plans are available upon request with a signed NDA. 15,000 SF Historic Mixed-Use Building in the heart of Bay City's Midland Street DistrictFive Ground-Floor Retail Storefronts — one leased at $850/month + utilities, four available for immediate lease-up12 Upper-Level Apartment Units ready for renovation and repositioningEngineered Plans in Place for a four-unit luxury condominium conversion — permit-ready path to premium residential productSeparately Metered Units with private basement storage, updated plumbing, and drainageValue-Add Upside across both retail lease-up and residential redevelopmentWalkable Location — steps from the Bay County Riverwalk, restaurants, breweries, nightlife, and entertainmentStrong Corridor Momentum — Midland Street District continues to attract reinvestment, new tenants, and residentsOptional SDM Liquor License available for 305 E Midland for an additional $6,500 — ideal for retail or hospitality conceptsOffering Memorandum, Rent Roll, and Engineered Plans available upon request with signed NDA
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