REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 900,000
Est. payment /mo
New
3501 7th ST Bay City, TX 77414
1 Bed
1 Bath
19,431 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 19,431 sqft
Price per Sqft $46
MLS Listing ID 41100937
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1980
Annual Tax Amount $12,620
Tax Year 2026
Property Sub-Type Detached
Property Description
48-Unit Bay City Investment Opportunity
Existing 48-room hotel/apartment property available for acquisition at 3501 7th Street in Bay City, Texas.
The property contains approximately 19,431 square feet of existing building area and is offered as-is. Current utilization is eight existing tenant leases and payment agreements.
Current ownership has undertaken operational improvements and tenant turnover. Many units remain in need of repair, presenting an opportunity for a buyer to renovate, reposition, and establish a new operating strategy.
Potential strategies may include continued hospitality use, renovation and repositioning, or evaluation of other legally permitted uses. Any change in use or redevelopment is subject to buyer due diligence, applicable approvals, and required improvements.
Existing 48-room hotel/apartment property available for acquisition at 3501 7th Street in Bay City, Texas.
The property contains approximately 19,431 square feet of existing building area and is offered as-is. Current utilization is eight existing tenant leases and payment agreements.
Current ownership has undertaken operational improvements and tenant turnover. Many units remain in need of repair, presenting an opportunity for a buyer to renovate, reposition, and establish a new operating strategy.
Potential strategies may include continued hospitality use, renovation and repositioning, or evaluation of other legally permitted uses. Any change in use or redevelopment is subject to buyer due diligence, applicable approvals, and required improvements.
Location
State TX
County Matagorda
Interior
Heating Window Unit
Cooling Window Unit(s)
Fireplace No
Exterior
Roof Type Metal
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Schools
Elementary Schools Roberts Elementary
Middle Schools Bay City Junior High School
High Schools Bay City High School
School District 132 - Bay City
Others
Tax ID 19984
Acceptable Financing Cash, Conventional, Investor Financing
Listing Terms Cash, Conventional, Investor Financing
Listed by Parham Realty Jason Parham
Nearby Locations
