Former Bay City Gym

Investment Highlights

• 19,300 SF Former St. Joseph Gymnasium in Bay City, Michigan
• Located in an approved OPRA District with up to a 10-year Tax Exemption for Rehabilitation     
• Proximate to Uptown Mixed-Use Development including Office, Retail, Restaurants, Courtyard by Marriott
• Just Minutes from I-75, I-75B, and Downtown Bay City; within Walking Distance of Saginaw River
• Dense 5-mile demographics of 69,261 people and average household income of $65,014
• Absolute $1 Auction – NO RESERVE!

 

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present 1120 N Grant Street, a ±19,300 SF redevelopment opportunity in Bay City, Michigan. The Property is offered significantly below replacement cost and offers an exceptional investment opportunity with significant value enhancement potential. 

Formerly St. Joseph Gym, the offering is for a 19,300 SF multi-story building with dedicated parking on approximately 1.0 acre of land. The Property is located in an approved OPRA District with up to a 10-year tax exemption for rehabilitation. The property is surrounded by various businesses such as Walgreens, Kroger, Dollar Tree, local restaurants, and medical providers. Please contact Bay City Planning & Zoning for more details.

Bay City is located in Bay County, Michigan approximately 20 miles due north of Saginaw, Michigan. It is located near the base of the Saginaw Bay on Lake Huron. The Property is strategically positioned near downtown Bay City and less than five miles from I-75 and minutes from the Saginaw River waterfront commercial district. Within a five-mile radius, the Property has a 2022 population of ±69,261 individuals and average household income of $65,014.