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316 S Henry St
Bay City, MI 48706
Retail Property For Sale
Investment Highlights
- Located on a high-traffic corner, ensuring consistent visibility and access.
- Includes substantial on-site parking to support customer and tenant convenience.
- Situated in a dense residential area near Bay City’s main business corridors and highways.
- Positioned within an Opportunity Zone, offering potential tax advantages for qualified investments.
- Zoning allows for a provisioning center, retail users, or other adaptive uses.
- Historical building character with multiple tenancy offering income diversification.
Executive Summary
This retail property offers a versatile ownership opportunity in the growing Bay City market. Positioned on the corner of a well-traveled corridor, the building benefits from excellent visibility and a steady flow of traffic. The site features a multiple-tenant configuration, appealing both to investors seeking a stabilized asset and to owner-users looking for a mixed-use setup. With 50 feet of frontage and a generous parking area, the property can accommodate a variety of business models.
Built in 1908 and situated within a designated Opportunity Zone, the property provides significant redevelopment and tax incentive potential. The layout is suitable for retail, service-based businesses, or specialty use under the current zoning classification for a provisioning center. Convenient access to major roadways and nearby residential neighborhoods ensures a consistent customer base, while the central location supports both neighborhood commerce and destination traffic.
Bay City offers robust community amenities and is part of Mid-Michigan’s economic base, making this property an appealing long-term hold or redevelopment project.
Built in 1908 and situated within a designated Opportunity Zone, the property provides significant redevelopment and tax incentive potential. The layout is suitable for retail, service-based businesses, or specialty use under the current zoning classification for a provisioning center. Convenient access to major roadways and nearby residential neighborhoods ensures a consistent customer base, while the central location supports both neighborhood commerce and destination traffic.
Bay City offers robust community amenities and is part of Mid-Michigan’s economic base, making this property an appealing long-term hold or redevelopment project.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,837 SF
Year Built
1908
Price
$284,786 CAD
Price Per SF
$48.79 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.12
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
Provisioning Center
Frontage
50’ on Henry St
Property Taxes
| Parcel Number | 09-160-020-413-017-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $244,323 CAD |
Property Taxes
Parcel Number
09-160-020-413-017-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$244,323 CAD
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