Turnkey Income-Producing Hospitality Property

302 Tuscola Rd Bay City, MI 48708

Claim this Listing
For Sale
$790,000

Two-story, 18-room short-stay residence on 1.4 acres.

Type:Commercial
Property size:
9,900 SF
Lot size:
1.40 Acres
Price / SF:
$79/SF
Added:
Apr 24, 2026
Days on Market:
80
Last Refresh:
Apr 24 at 8:33 pm

Property Features for 302 Tuscola Rd

General Information

Standard status
Active
Size
9,900 SF
Lot size
1.40 Acres
Property subtype
Commercial

Building Details

Year Built
1925

Listing office Century 21 Signature Realty

Listing date Apr 24, 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.

This expansive two-story property, featuring over 9,900 square feet of space, is situated on 1.4 acres. Currently operating as an income-producing business, the property serves traveling medical professionals seeking short-term accommodations near local hospitals. The business name and concept may be included in the sale. Renovations completed in Spring 2025 include a commercial kitchen, multiple bathrooms and showers, a theater room, an exercise area, and a fireplace lounge. The property features 18 rooms and has immediate revenue potential. Significant updates include a boiler replaced in 2022, central air installed in 2024, and a new roof in 2024. The location has a bike score of 54, indicating it is bikeable, and a walk score of 81, signifying it is very walkable.

Key Highlights

  • Turnkey, income‑producing business and property with immediate revenue potential of $26k per month.
  • Expansive 9,900+ sq ft, two‑story property on 1.4 acres.
  • Newly refinished 18‑room short‑stay residence, ideal for upscale, short‑term accommodations.

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 $101.0k $10.20
− Vacancy −$12.1k −$1.22
EGI $88.9k $8.98
− OpEx −$46.7k −$4.71
NOI $42.2k $4.26
9,900 SF · lease $10.20/SF/yr · vacancy 12.00% · expense 52.50%

Alternative Uses

Best Use
Hotel Hospitality
$603.0K
$527.6K – $703.5K (±1% cap)
NOI $42,210 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,453 @ 7.0% cap · market cap 15.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

MI Short Stay ... Health Resort

Suggested Use

Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Gym & Fitness Center HVAC Service Kitchen & Bath Showroom Building Supply Barber Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Bed & breakfast - Two-story, 18-room short-stay residence on 1.4 acres.
Where is this bed & breakfast located?
The property is located at 302 Tuscola Rd Bay City, MI.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Turnkey, income‑producing business and property with immediate revenue potential of $26k per month.; Expansive 9,900+ sq ft, two‑story property on 1.4 acres.; Newly refinished 18‑room short‑stay residence, ideal for upscale, short‑term accommodations.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message