Two-Story Hospitality
302 Tuscola Road Bay City, MI 48708
302 Tuscola Road, Bay City, MI, 48708
$790,000
For Sale
$790,000
COMMERCIAL - Bay City, MI
Property Size9,376 SF
Lot Size1.40 Acres
Price / SF$84.26
Days on Market178
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 Agency
Century 21 Signature Realty
(989) 921-7000
5580 State Street Suite 4, Saginaw, MI
Listed by
Diana Bay · License #6506040025
(989) 798-7898
Added: Jan 23 Updated: Jun 4 at 9:40 am Checked: Jul 20 at 5:06 pm
MLS# 50198116
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.
Investment Insights
Based on property information with market context.
This two-story hospitality property spans approximately 9,900+ square feet on 1.4 acres and operates as an 18-room short-stay residence. The home has been newly refinished, with renovations completed in Spring 2025 that include a commercial kitchen, multiple bathrooms and showers, and additional guest-focused spaces such as a theater room, an exercise area, and a fireplace lounge.
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.
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.
Key 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
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 |
9,376 SF · lease $10.20/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$571.1K
$499.7K – $666.3K
NOI $39,976 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,813 @ 7.0% cap · market cap 15.04%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - Newly refinished 18-room short-stay residence with modernized guest amenities and a complete commercial kitchen.
Where is this hotel located?
The property is located at 302 Tuscola Road 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: 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
