315 3rd St - Self-Storage Facilities FOR SALE


Bay City, MI 48708- Downtown Bay City
$604,000 USD
989-415-2251
315 3rd St, Bay City, MI for Sale
$604,000 USD
Self-Storage Facilities - FOR SALE
1/25
null | Request Cap Rate

315 3rd St
Bay City, MI 48708
Downtown Bay City


HIGHLIGHTS

  • Indoor automobile/small or medium boat storage
  • Freight elevator
  • High traffic, visibility location

OVERVIEW

Commissioned in 1912 by the Oakland Motor Car Company, The Oakland is one of Bay City's most recognizable buildings. A 1992 addition brought its footprint up to an impressive 30,000 sqft of high quality constructed warehouse & office space. With its prime downtown Bay City position, surrounded by over 225 apartments & nearly 100 condos, this building would be a great investment for an indoor storage facility, however there are many potential uses within its historic walls! Notable features include: a 6000 lb freight elevator, 3 phase power, the building is fully sprinkled with a dry fire supression system, multiple overhead/bay doors throughout the building (10' tall), two loading docks, 3200 sqft of office space on main floor & luxury office/meeting space on the second level, the large conference room/studio on main level is fully ADA compliant, and there's room for 100+ vehicles between the main & upper levels. There is ample parking in the back lot, and on street parking throughout the immediate area. You can be part of downtown's rapid expansion & evolution in one of our original buildings that showcases our rich automotive history, from the era that built Bay City!

FOR SALE DETAILS

PRICE

$604,000 USD

PRICE/SF

$20 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Oakland

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Car Wash

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

09-160-021-329-004-10

ASK ABOUT THIS PROPERTY

Shelley NiedzwieckiAyre/Rhinehart Bay RealtorsMore Info
989-415-2251

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Shelley NiedzwieckiAyre/Rhinehart Bay RealtorsMore Info
989-415-2251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.