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3,600 sqft

$189,900

1241 Michigan Avenue, Bay City MI, 48708

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

Overview

Active

Listed Sep 16, 2026

Updated 39h 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.

Additional information

MLS® ID
50222010

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres
MLS provider logo

Listed by Taylor Cobb with HOMEFLO
Listing Contact: 989-954-3087 

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Data last updated on 10/12/2026 at 10:40 PM UTC

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