600 E Bay Street East Tawas, MI ^$ 920,000

600 E Bay Street

^$ 920,000

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600 E Bay Street

East Tawas, MI, 48730

^$ 920,000

Studio Baths0.0 Sq 5,400

Monthly Estimate*

^$ 6,426

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Studio

Commercial Property for sale in East Tawas, MI

for $920,000. This 5,400 square foot building was built in 1960 on a lot size of 0.44.

Turnkey Restaurant Opportunity with High Visibility Frontage on US-23 in East Tawas. The property also Features 75 Feet of Lake Huron Frontage on a separate parcel ID. This property can be used for additional parking or development conforming to local zoning. All Furniture, Fixtures, Equipment, Liquor License, Business Name and Goodwill are included in this sale!!! Resort Class C Liquor License is included in sale. Equipment/Inventory list is available at listing office. 25 + parking spaces are included on this property along with parking provided by the City of East Tawas along Alice Street. This is truly a Prime Location for a Restaurant or another Business Opportunity in the Tawas Area...

Commercial Active

Price

^$ 920,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,399

Style

Business

Lot Size

0.44

Year Built

1960

Town/City

East Tawas

County/Region

Iosco

MLS | Web ID

1334759

Features

General

Heating Forced Air

Possession At Close

Roof Other-See Remarks

Water Public Water

Status Active Active

Year Built 1960

Parking Parking Lot

Subdivision East Tawas

County Iosco

Class COM/IND/BUS OPP

Type Business

Business Name Hsings Garden Restaurant

Percent Ownership Private

Municipality Baldwin Twp

Section 29

Zoning Commercial

Commercial Features Bath Other

Area Baldwin Twp (35003)

Directions US-23 Just North of Newman Street to Hsing's Gardens

City East Tawas

Street Name Bay

Financial Terms Cash Commercial Loan Conventional

Legal Description MERTZ ADDITION TO THE CITY OF EAST TAWAS NLY 140 FT OF LOT 18 & 19 EXC ELY 2 FT MERTZ ADDITION TO THE CITY OF EAST TAWAS LOT 18 & 19 EXC NLY 140 FT

DOM 635

Price Per Sq Ft 170.37

Coming Soon

Exterior

Exterior Block Brick Frame

Body of Water Lake Huron

Lot Size Area 0.44

Lot Dimensions 74*262

Frontage Type Water

Interior

Fuel Type Natural Gas

* Excluded Features

List By

CRAIG MCMURRAY

Listing Agent

Tawas Sunshine Realty

Broker

craigmcmurray@msn.com

Affordability Calculator

$7,210

Per Month

Monthly Principal & Interest: $6,426
Monthly Property Taxes: $783
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in East Tawas, MI

Average List Price ^$527,940

Percent of Sale Price 43%

About East Tawas, MI

2,739 Population

-7% Since 2002

^$39,937 Median Income

52.65 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/13/2023	$920,000	-3.16%	Price Down
12/11/2022	$950,000		Listed Price

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600 E Bay Street, East Tawas, MI, 48730 is a Commercial Property for sale at $920,000 with 5,400 sqft and a lot size of 0.44. 600 E Bay Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 48730 which is in East Tawas, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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600 E Bay Street

Commercial Property for sale in East Tawas, MI

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