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Wine Warehouse 510 E Midland St

12,000 SF Retail Building Bay City, MI 48706 $525,000 ($44/SF)

Retail Space Michigan Bay City 510 E Midland St, Bay City, MI 48706

Executive Summary

Previously known as the Wine warehouse on Midland Street in Bay City. Now operating as Coven. This property was fully renovated in 2013. New roof installed in 2016 and a new fire suppression system was installed in the entire building. Beautiful bar area with 16 taps. 350 seating capacity. Large patio area in the rear of the building. Tastefully decorated inside and out. All fixtures and liquor licenses included in the sale. Mostly unfinished second story with one rented apartment generating income.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
12,000 SF
Building Class
C
Year Built
1880
Price
$525,000
Price Per SF
$44
Tenancy
Single
Building Height
2 Stories
Building FAR
2.46
Lot Size
0.11 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
MU - Urban Form Mixed Use
Parking
9 Spaces (1.13 Spaces per 1,000 SF Leased)
Frontage
36 FT on Midland St

Amenities

  • Bus Line

Links

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Walk Score ®
Very Walkable (78)
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Nearby Major Retailers

Huntington Bank
Starbucks
CrossFit
Independent Bank
BIGGBY Coffee
Ymca
Kroger
Rent-A-Center
PNC Bank

PROPERTY TAXES

Parcel Number 09-160-020-403-004-00 Improvements Assessment $0
Land Assessment $0 Total Assessment $164,500

PROPERTY TAXES

Parcel Number
09-160-020-403-004-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$164,500
(989) 790-2611 x24

Contact

  • Listing ID: 29098305

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 510 E Midland St, Bay City, MI 48706

More public record information on 510 E Midland St, Bay City, MI 48706

The Retail Property at 510 E Midland St, Bay City, MI 48706 is currently available for sale. Contact The Miller Group of Saginaw, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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510 E Midland St, Bay City, MI for sale Building Photo- Image 1 of 8
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510 E Midland St, Bay City, MI for sale Building Photo- Image 2 of 8
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510 E Midland St, Bay City, MI for sale Floor Plan- Image 3 of 8
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510 E Midland St, Bay City, MI for sale Interior Photo- Image 4 of 8
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510 E Midland St, Bay City, MI for sale Interior Photo- Image 5 of 8
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510 E Midland St, Bay City, MI for sale Interior Photo- Image 6 of 8
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510 E Midland St, Bay City, MI for sale Interior Photo- Image 7 of 8
28279785_bar

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Wine Warehouse | 510 E Midland St
(989) 790-2611 x 24

Wine Warehouse | 510 E Midland St

Bob Morford

(989) 790-2611

x24

(989) 790-2611 x24

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