302 Tuscola Road, Bay City, MI 48708
- Added:
- Jan 23, 2026
- Days on Market:
- 151
- Last Refresh:
- Jun 22 at 11:06 pm
Property Features for 302 Tuscola Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Patio and Porch features
- Patio
- Exterior features
- Deck/Patio
- Standard status
- Active
- APN
- 160-027-203-010-00
- Size
- 9,376 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 17941
Utilities
- Heating system
- Oil
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Roof type
- Asphalt
Listing agent Diana Bay License #6506040025 (989) 798-7898
Listing office Century 21 Signature Realty 5580 State Street Suite 4, Saginaw, MI (989) 921-7000
Listing date Jan 23, 2026
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 9,900+ sq ft, two‑story property on 1.4 acres at 302 Tuscola in Bay County
- 18‑room short‑stay residence currently operating as a business for traveling medical professionals
- Renovations completed Spring 2025 include a commercial kitchen, multiple bathrooms and showers, theater room, exercise area, and fireplace lounge
- Boiler (2022), central air (2024), and roof (2024) completed—big‑ticket items updated
- Central air and oil heating; asphalt shingle roof
- Public water service; includes deck/patio and a patio
Overview
The property is located at 302 Tuscola Road in Bay City, Bay County, Michigan, and is currently serving traveling medical professionals seeking upscale accommodations near local hospitals.
The offering includes both the premium real estate and an established hospitality business concept, positioned for continued short-term use for groups that want furnished, higher-touch lodging. Additional capital improvements called out in the remarks include a boiler installed in 2022, central air installed in 2024, and a roof replacement completed in 2024.
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 | $95.6k | $10.20 |
| − Vacancy | −$11.5k | −$1.22 |
| EGI | $84.2k | $8.98 |
| − OpEx | −$44.2k | −$4.71 |
| NOI | $40.0k | $4.26 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bay City
- County
- Bay
- State
- Michigan
- Longitude
- -83.866579
- Latitude
- 43.591594
