510 E Midland St - Bar FOR SALE


Bay City, MI 48706
$525,000 USD
989-790-2611
510 E Midland St, Bay City, MI for Sale
$525,000 USD
Bar - FOR SALE
1/7
null | Request Cap Rate

510 E Midland St
Bay City, MI 48706


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wine Warehouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,879 SF

ZONING

MU

APN/PARCEL ID

09-160-020-403-004-00

ASK ABOUT THIS PROPERTY

Bob MorfordThe Miller Group of Saginaw, Inc.More Info
989-790-2611

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Bob MorfordThe Miller Group of Saginaw, Inc.More Info
989-790-2611

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