301 E Midland St Bay City, MI 48706
Estimated payment $2,593/month
About This Home
Prime mixed-use investment opportunity located in Bay City’s vibrant Midland Street District. This historic 15,000 sq ft building features five street-level retail storefronts and a second floor offering substantial redevelopment potential. One storefront is currently leased at $850 per month plus utilities, with four additional storefronts available for lease-up. Each unit is separately metered for utilities and includes private basement space with updated plumbing and drainage. The upper level currently contains 12 apartment units ready for renovation, with engineered plans available for a four-unit luxury condominium conversion. Located within walking distance of the Bay County Riverwalk and surrounded by restaurants, nightlife, and entertainment venues, this property offers a rare opportunity to reposition a large mixed-use asset in one of Bay City’s most active commercial corridors. An SDM license is available for 305 E Midland for an additional $6500.
Property Details
Property Type
- Other
Year Built
- Built in 1870 | Remodeled in 2020
Lot Details
- Lot Dimensions are 133x114
Home Design
- Brick Exterior Construction
- Block Foundation
Additional Features
- Basement
Community Details
- Sage & Mcgraws Add To West B C Subdivision
Listing and Financial Details
- Assessor Parcel Number 0916002026500800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,968 | $177,100 | $0 | $0 |
| 2024 | $7,294 | $170,750 | $0 | $0 |
| 2023 | $6,914 | $153,400 | $0 | $0 |
| 2022 | $7,949 | $122,000 | $0 | $0 |
| 2021 | $7,871 | $112,850 | $52,650 | $60,200 |
| 2020 | $7,991 | $113,350 | $47,300 | $66,050 |
| 2019 | $5,465 | $104,050 | $0 | $0 |
| 2018 | $4,911 | $86,550 | $0 | $0 |
| 2017 | $5,117 | $87,800 | $0 | $0 |
| 2016 | $4,786 | $86,000 | $0 | $86,000 |
| 2015 | $5,082 | $92,000 | $0 | $92,000 |
| 2014 | $5,082 | $105,250 | $0 | $105,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/04/2026 03/04/26 | For Sale | $364,000 | -- | $24 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $127,500 | None Available | |
| Warranty Deed | -- | None Listed On Document |
Source: Realcomp
MLS Number: 20261010995
APN: 09-160-020-265-008-00
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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