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$ 875,000
Est. payment | /mo
7,368 SqFt
$ 875,000
Est. payment | /mo
7,368 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 7,368 sqft
Price per Sqft $118
Subdivision Mi
MLS Listing ID 25008744
Year Built 1876
Annual Tax Amount $12,930
Tax Year 2024
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 105x100
Property Sub-Type Business
Property Description
Welcome to 701 Center Ave, a historic Second Empire home built in 1876 by James Shearer and his wife, Margaret. This property is rich in charm and character. The building offers 16 updated apartments, including 5 one-bedrooms, 1 two-bedroom, and 10 studios. Architectural details include a grand staircase, intricate plasterwork, and multiple fireplaces. Modern amenities include off-street parking, an in-house laundry facility, and efficient boiler heating. The owner covers gas, water, and sewer. Recent updates include a new roof, resealed and painted windows, new gutter system, plus so much more. With its prime location and unique character, 701 Center Ave presents a strong opportunity for repositioning to maximize financial return, whether through long or short-term rentals. Located just
Location
State MI
County Bay
Area Bay City (09016)
Interior
Heating Baseboard, Forced Air
Exterior
Parking Features 11-20 Spaces
Building
Foundation Basement
Water Public Water
Structure Type Brick,Concrete
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams GR North