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Listed price in listed location currency (USD).
$249,900

000

MLS® 61050198091

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $1,909
Days Active 0
Approx. Age 1930
MLS® Number 61050198091

Property Address: 1241 Michigan Ave, Bay City, MI, 48708-8782

Average square foot calculated using Size range provided by listing agent.

Description

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 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 rented at $500/month to a long-term, reliable 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.
MLS® Number61050198091
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1930
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 23, 2026List Date
$249,900List Price
Jul 1, 2025End Date
$90,000Sold Price

Sold

Jun 3, 2025List Date
$99,900List Price
  • Commute

Commute

Starting Address
Destination Address
1241 Michigan Ave, Bay City, MI

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