470' Water Frontage on the Saginaw River

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470' Water Frontage on the Saginaw River

Bay City, MI 48706
Asking Price
$650K
Asset Type
Retail
Class
Class B

What's Special

470' Water Frontage on the Saginaw River is a retail-zoned site situated in the riverfront district of Bay City, Michigan. The property features extensive direct river access and visibility within a mixed-use neighborhood characterized by historic architecture and scenic views. It is located near the city’s downtown core, providing proximity to local parks, hotels, and established dining establishments. The site is accessible via regional surface streets and is positioned within a short drive of the I-75 and US-10 interchange, facilitating transit for residents and visitors throughout the Great Lakes Bay Region. The property is suited for retail developments that benefit from high-visibility water frontage and recreational traffic. Potential use cases include specialty retail, boutique showrooms, or outdoor equipment outfitters that leverage the adjacent waterway. The location supports tenant profiles focused on destination-based retail or service-oriented businesses aiming to attract the local demographic and seasonal tourism. The expansive river frontage offers unique opportunities for businesses requiring outdoor display areas or integrated pedestrian walkways. Facilities for marine-related sales or establishments seeking a prominent geographic presence in Bay City are consistent with the area's commercial character.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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