302 Tuscola Road Bay City, MI 48708
COMMERCIAL - Bay City, MI
- Added:
- May 6, 2026
- Days on Market:
- 68
- Last Refresh:
- Jul 12 at 2:06 pm
Property Features for 302 Tuscola Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Patio and Porch features
- Patio
- Exterior features
- Deck/Patio
- Standard status
- Active
- APN
- 160-027-203-010-00
- Size
- 9,376 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 17941
Utilities
- Heating system
- Oil
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Roof type
- Asphalt
Listing agent Diana Bay License #6506040025 (989) 798-7898
Listing office Century 21 Signature Realty 5580 State Street Suite 4, Saginaw, MI (989) 921-7000
Listing date May 6, 2026
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The business currently serves traveling medical professionals seeking upscale, short-term accommodations near local hospitals. The offering combines both the premium real estate and the established hospitality business; the business name and concept may be included with the purchase.
Recent capital improvements support an efficient transition for an owner-operator or investor who wants to acquire an operating property with major items already addressed. Reported upgrades include a boiler installed in 2022, central air added in 2024, and a roof installed in 2024. The seller describes the opportunity as having immediate revenue potential of $26k per month, supported by the property’s current operating model and refreshed guest-focused interiors and common spaces.
Key Highlights
- 9,900+ sq ft two‑story property on 1.4 acres at 302 Tuscola in Bay County, with a newly refinished 18‑room short‑stay residence
- Current income‑producing operation serving traveling medical professionals with upscale short‑term accommodations near local hospitals
- Renovations completed Spring 2025: commercial kitchen, multiple bathrooms and showers, theater room, exercise area, and fireplace lounge
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.6k | $10.20 |
| − Vacancy | −$11.5k | −$1.22 |
| EGI | $84.2k | $8.98 |
| − OpEx | −$44.2k | −$4.71 |
| NOI | $40.0k | $4.26 |
