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    1001 Mulholland St Bay City, MI 48708

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    For Lease
    $249,000

    Medical office building for lease or sale near McLaren Bay.

    Property size:
    3,000 SF
    Lot size:
    0.40 Acres

    Property Features for 1001 Mulholland St

    General Information

    Size
    3,000 SF
    Lot size
    0.40 Acres

    Source: Trademark Commercial Group Agent Gretchen Witherspoon,SIOR,CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bay City Medical Office Opportunity

    This property, located just two blocks south of McLaren Bay Region, offers great visibility on a corner lot with an asphalt parking lot and a full basement separated for each side of the building. The building has a total of 3000 square feet, presenting multiple opportunities. A larger medical office can purchase or lease the entire building. Alternatively, the building could be divided into two 1500-square-foot units. One option is to buy the building, occupy 1500 square feet, and lease out the remaining 1500 square feet as an investment property, or simply lease the entire building. The property features multiple exam rooms and offices, as well as restrooms for both patients and staff. Another option would be to convert the building to general office space if a medical office is not needed. The entire building is available for lease at $2,500 per month modified gross, or each suite can be leased for $1,500 per month modified gross. Tenant pays utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lawrence Beek Nurse Practitioner Brooke Strawn Counselor Makenzie Morse Counselor Justine Clunie Counselor Lydia Tapia Counselor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.868215
    Latitude
    43.580976

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    FAQs

    What type of property is this?
    Medical office - Medical office building for lease or sale near McLaren Bay.
    Where is this medical office located?
    The property is located at 1001 Mulholland St Bay City, MI.
    What are key features of this property?
    This property features: - Prime location: Two blocks from McLaren Bay Region hospital, offering high visibility for medical professionals.; - Flexible options: Available for purchase or lease, accommodating various investment strategies.; - Adaptable space: Can function as a single 3000 SF office or be divided into two 1500 SF suites.
    (989) 295-0353
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    1001 Mulholland St Bay City, MI 48708
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    Bay City, MI 48708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 Mulholland St Bay City, MI 48708
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