801 Henry StBay City, MI 48706

Property Details for 801 Henry St

Year built

1995

Lot size

0.34 AC

Property size (Sq ft)

3,340 SF

Zone code

C-1 NBHD BUS

Property type

Grocery and convenience stores

APN

160-017-456-015-00

APU

16001745601500

Description

This exceptional Bay City industrial property offers a unique opportunity. Comprising two parcels totaling 3.03 acres with 566 feet of frontage, this property boasts a main warehouse building of approximately 42,000 square feet, featuring 7 drive-in doors and 4 loading docks. The warehouse benefits from 16-foot ceilings and three-phase power. A significant portion of the space includes approximately 6,000 square feet of freshly painted office space, thoughtfully divided into three offices and three additional areas suitable for showrooms or storage. An adjacent 1,900 square foot structure with an overhead door and electrical service is also included. The property enjoys a prime location on the west side of Bay City, offering convenient access to US-10, I-75, and M-13/23, eliminating the need to cross any toll bridges. The property's strategic position is further enhanced by its proximity to a railroad track and the Saginaw River. Built in 1912 and renovated in 1978, this property is zoned for light industrial use and features a clean exterior with strong curb appeal. The property is comprised of five buildings in total. Property taxes are $48 per square foot. A virtual tour is available. This property is available for purchase. Detailed floor plans, surveys, and aerial views are available upon request. APN: 160-029-206-010-00 & 009-00.

• CAP approach

  CAP return

  Valuation

  6%

  $840,499

  6.5%

  $775,845

  7%

  $720,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $787,308

  Geo Method

  $787,308

• Alternative Use

  Use

  Valuation

  Residential

  $654,454

  Hospitality

  $599,476

  Educational

  $498,757

  Medical

  $515,910

  Retail

  $775,845

Location Insight

City

Bay City

County

Bay

State

Michigan

Latitude

43.6095

Longitude

-83.9002

CBSA code

13020

CBSA name

BAY CITY, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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