Multi-Tenant Office/Warehouse Investment
For Sale
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1484 Straits Dr, Bay City, MI 48706
Multi-tenant office building in Valley Center Technology Park.
Property Size18,750 SF
Days on Market212
Property Features for 1484 Straits Dr
General Information
Standard status
Active
Size
18,750 SF
Property subtype
INDUSTRIAL
Listing Agency:
Trademark Commercial Group
Listed By:
Gretchen Witherspoon,SIOR,CCIM · License #6501316390
(989) 295-0353
Source:
Trademarkcommercial
Added: Mar 26
Changed: Oct 12
Last Checked: Oct 23 at 3:29AM
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 Trademark Commercial Group
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Investment Insights
Based on property information with market context.
This multi-tenant professional office building is located in Bay County’s Valley Center Technology Park at US-10 and Mackinaw Road. The property features seven units, with one currently vacant. The complex consists primarily of office space with some tech/warehouse space. It was originally constructed with six overhead doors in the rear. The property is situated in the heart of the Great Lakes Bay Region, providing convenient access to Saginaw, Bay City, and Midland. The updated capitalization rate is 11%.
Key Highlights
- High 11% Cap Rate
- Multi‑tenant professional office building located in Valley Center Technology Park
- Easy access to Saginaw, Bay City, and Midland
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
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Business Placement
Demographics for 48706, MI
39,381
Population
18,163
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
93%
High-School Grad
66.3 sq mi
ZIP Area
594
Density / Sq Mi
$61,908
Median Household Income
$40,151
Median Earnings
$887
Median Rent
$142,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building in Valley Center Technology Park.
Where is this office building located?
The property is located at 1484 Straits Dr Bay City, MI.
What are key features of this property?
This property features: High 11% Cap Rate; Multi‑tenant professional office building located in Valley Center Technology Park; Easy access to Saginaw, Bay City, and Midland
