412 Washington Ave, Bay City, MI 48708
2,500 sq ft retail space in downtown Bay City.
- Added:
- Mar 11, 2026
- Days on Market:
- 118
- 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
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All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Signature Realty
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
- Updated HVAC systems
- Exposed 12 ft ceilings
- Year Built: 1956
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bay City
- County
- Bay
- State
- Michigan
- Longitude
- -83.8879
- Latitude
- 43.5944
