Neighborhood Retail Building

1200 N Henry St Bay City, MI 48706

Claim this Listing
New
For Sale
$90,000

Neighborhood retail building with flexible retail/office/service use and noted ample parking in a high-visibility area.

Type:Retail, Office
Property size:
1,055 SF
Price / SF:
$85/SF
Added:
Jul 10, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 2:46 am

Property Features for 1200 N Henry St

General Information

Standard status
Active
Size
1,055 SF
Property subtype
Retail, Office

Building Details

Year Built
1935

Listing office CENTURY 21 Signature Realty

Listing date Jul 10, 2026

Source Cpix.resimplifi

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

All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Signature Realty


Investment Insights

Based on property information with market context.

This neighborhood retail building offers flexible space suited to a variety of retail, office, or service-oriented uses, according to the seller’s remarks. The property is positioned to support convenient daily access for customers and staff, with the public remarks noting ample parking and strong visibility.

The building is located at 1200 N Henry St in Bay City, MI 48706. The seller also highlights a high-traffic, easy-access setting intended to provide dependable exposure for an owner-user or an investor looking for a value-add direction.

Overall, the property’s commercial focus and adaptable use profile are designed to accommodate different business concepts within a neighborhood retail format.

Key Highlights

  • Neighborhood retail building built in 1935
  • Flexible use for retail, office, or service‑oriented businesses
  • High‑visibility, high‑traffic location

Local Financial Insights For Retail

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 $12.7k $12.00
− Vacancy −$1.5k −$1.44
EGI $11.1k $10.56
− OpEx −$3.3k −$3.17
NOI $7.8k $7.39
1,055 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$143.2K
$125.3K – $167.1K (±1% cap)
NOI $10,027 @ 7.0% cap · market cap 11.14%
Second Best
Retail
$111.4K
$97.5K – $130.0K (±1% cap)
NOI $7,799 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$191.0K
$167.1K – $222.8K (±1% cap)
NOI $13,369 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Asian Auto Service Auto Repair Shop

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Garden Center Kitchen & Bath Showroom Carpet & Flooring Store Locksmith Acupuncture Grocery & Convenience Store

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

FAQs

What type of property is this?
Retail space - Neighborhood retail building with flexible retail/office/service use and noted ample parking in a high-visibility area.
Where is this retail space located?
The property is located at 1200 N Henry St Bay City, MI.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Neighborhood retail building built in 1935; Flexible use for retail, office, or service‑oriented businesses; High‑visibility, high‑traffic location
Contact an agent
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