412 Washington Ave Bay City, MI 48708
2,500 sq ft retail space in downtown Bay City.
- Added:
- Mar 11, 2026
- Days on Market:
- 124
- Last Refresh:
- Jul 2 at 1:10 pm
Property Features for 412 Washington Ave
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.23 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1956
Listing office Century 21 Signature Realty (989) 239-5581
Listing date Mar 11, 2026
Source Elliman
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.
Key Highlights
- Prime downtown Bay City location near City Hall, Starbucks, and Pita Way
- Dedicated parking lot (200 ft x 50 ft) located behind the property at 415 Adams
- Spacious 2,500 sq. ft. of retail commercial space
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 | $30.0k | $12.00 |
| − Vacancy | −$3.6k | −$1.44 |
| EGI | $26.4k | $10.56 |
| − OpEx | −$7.9k | −$3.17 |
| NOI | $18.5k | $7.39 |
