- For Sale Contact for pricing
- Property Type Other
- Units 11
- Date Updated May 31, 2026
Description
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.
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
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Contacts
Colin Soltis
GREA
Location
Located at 814 Center Avenue, Bay City, MI 48708, this property is part of the Bay City neighborhood.
Contact Listing Broker
Colin Soltis
GREA
