Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by James and Margaret Shearer. This historic gem features 16 units—5 one-bedrooms, 1 two-bedroom, and 10 studios—blending timeless elegance with modern upgrades. Inside, you'll find preserved architectural details including a grand staircase, ornate plasterwork, and fireplaces,… Read More along with recent improvements such as a new roof, refinished windows, new gutters, off-street parking, on-site laundry, and efficient boiler heat (with gas, water, and sewer covered by the owner). Currently, 10 units are operating as Airbnbs with high upside, while the remaining units are leased to long-term tenants, offering steady income and room for future growth. Located just steps from downtown Bay City, the property offers walkable access to dining, shopping, and entertainment. This is a rare opportunity to own a historically significant property with strong potential in a prime location. Read Less
Courtesy of Keller Williams Grand Rapids North.
Listing Snapshot
Days Online
281
Last Updated
Property Type
Commercial/Industrial
Square Ft.
7,428
Lot Size
0.33 Acres
Year Built
1876
MLS Number
50168251
30 Days Snapshot Of 48708
$455k
0%
(avg) sold price
6
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
7,428 square feet, Built in 1876, 11+ Story, Historic, Investment
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