Contacts
GREA
Property Details
- Property Type Other
- Units 11
- Date Updated May 27, 2026
GREA is pleased to present the exclusive offering of 814 Center Ave in Bay City, Michigan. This property offers large units averaging 845 sqft and a great location walking distance to downtown Bay City. Recent capex improvements over the past 3 years include electrical upgrades, a new roof on the garage, and a new boiler. Several tenants are paying well below market, giving a new owner significant rental upside opportunity.
Reach out to the broker for more info on lease terms and amenities
Highlights
- ATTRACTIVE CAP RATE
- Below Market Rent
- Boiler & Garage Roofs Replacement in 2023
- Common Area Renovation in 2024
- Desirable Location Walking Distance to Downtown Bay City
- Hardwood Floor Refinishing, Plaster, Cabinet & Wall Paint Throughout Several Units
- Large Units, Hardwood Flooring, Ample Natural Light
- On-Site Laundry in Basement, Nine Covered Garages
- Recently Implemented Tenant Utility Reimbursement
- Value-Add Potential through Additional Unit Updates
Getting around
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83/100
Walk Score ®
-
58/100
Bike Score ®
Location
- City Bay City, MI
- Neighborhood Bay City
- Zip Code 48708
Points of Interest
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Marathon
0.71 miles
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BP
1.22 miles
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Sunoco
1.33 miles
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Admiral Petroleum
1.49 miles
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Speedway
1.65 miles
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Mobil
1.71 miles
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Rebel Food Store
1.72 miles
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Tesla Supercharger
3.06 miles
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DoubleTree Parking
0.41 miles
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Tobico Marsh Parking
5.77 miles
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Lot C1
6.82 miles
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Lot C
6.85 miles
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Lot F
6.89 miles
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Lot E
6.89 miles
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Lot D
6.98 miles
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Wickes Circle Parking Lot
6.99 miles
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Parking- Disabled and Cardinal Athletic Club
7.02 miles
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Comfort Inn
0.42 miles
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DoubleTree by Hilton Hotel Bay City - Riverfront
0.46 miles
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Courtyard Bay City
0.71 miles
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Bay Motel
1.77 miles
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Delta Motel
1.80 miles
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Tuscola Motel
1.84 miles
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Euclid Motel
1.95 miles
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Travel Inn
2.01 miles
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Quality Inn
2.02 miles
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Paul's Motel
2.07 miles
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Save-A-Lot
1.35 miles
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Kroger
1.80 miles
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Jack's Fruit & Meat Market
1.99 miles
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Marshalls
2.03 miles
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Walmart Supercenter
2.09 miles
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JCPenney
2.09 miles
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Bay City Town Center
2.10 miles
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Big Lots
2.12 miles
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Gordon Food Service
2.17 miles
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ALDI
2.25 miles
GREA