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3,600 sqft

$189,900

1241 AVE, Bay City City Bay Michigan, 48708

Price per sqft$52.75
Built in1930
Property size3,600 sqft
Property typeCommercial

Overview

Active

Updated 3 weeks ago

Turnkey mixed-use opportunity in the heart of Bay City-perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed,1 bath currently vacant but was recently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath currently vacant and recently rented at $500/month to a long-term tenant. Both provide immediate, stable income from day one. The two commercial units-a salon and an office-are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal "house hack" on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses-potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns. To schedule a showing for residential units please contact listing agent directly.

 

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Data last updated 5:11 AM UTC, 9/17/2026

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