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$175,000
20261048303 MLS ACTIVE Status
Rare opportunity to secure +/- 9.2 acres in one of Portsmouth Township's most desirable growth corridors. Positioned between M-15 and Michigan Avenue, this level, predominantly tillable parcel offers nearly 1,200 feet of road frontage, city water, natural gas, and outstanding development potential. With Portsmouth Township's land division standards, the property may accommodate approximately 8-9 one-acre residential parcels, subject to township approval and buyer due diligence. The combination of extensive frontage, utility availability, and flat topography provides an ideal canvas for a boutique residential development or custom home community. The township's master plan identifies the M-15 corridor as an area for commercial and residential growth, reinforcing the property's long-term investment appeal. Future homeowners would enjoy convenient access to M-15, Michigan Avenue, I-75, downtown Bay City, Saginaw, shopping, dining, schools, and everyday conveniences while still enjoying the peaceful setting of Portsmouth Township. Whether you're a developer looking for your next subdivision, a builder seeking premium homesites, or an investor planning for the future, opportunities with this combination of location, frontage, utilities, and development flexibility are becoming increasingly difficult to find.

W German Road, Bay City

$399,900
26031029 MLS ACTIVE Status
Welcome to 1500 Center Ave! A rare opportunity to acquire a 7-unit apartment building in the heart of Bay City's historic Center Avenue corridor. Owned by the same family for the past 30 years, this property offers stable occupancy and significant upside potential. Recent improvements include a complete rebuild of the steam boiler system, a new porch roof, and a new garage roof, helping reduce future capital expenditure needs. Located on one of Bay City's most iconic streets, the property is fully occupied and benefits from strong rental demand in the area. The property also features a detached garage and off-street parking, amenities that are increasingly difficult to find in historic multifamily properties. With below-market rents and long-term ownership, investors will appreciate the opportunity to increase income over time while acquiring a well-maintained asset in a highly desirable location. Whether you're looking for a long-term hold or a value-add investment, 1500 Center Ave presents a compelling opportunity to grow your portfolio. Don't miss your chance to own a classic Bay City investment property!

1500 Center Avenue, Bay City