Freestanding Retail Property on
Bay City, MI 48706 Bay City, MI 48706
Bay City, MI, 48706
$699,000
For Sale
$699,000
Retail site for sale with high traffic volume.
Property Size4,080 SF
Price / SF$171.32
Days on Market171
Property Features
General Information
- Standard status
- Active
- Size
- 4,080 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1972
Listing Agency
Signature Associates
(616) 822-6310
Listed by
Joe Rizqallah
(616) 822-6310
Source
Tcnworldwide
Added: Jan 27 Checked: Jul 17 at 3:57 am
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 Signature Associates
Investment Insights
Based on property information with market context.
This freestanding retail property is located along Wilder Road, benefiting from a traffic volume of almost 19,000 cars per day. The site was renovated in 2018 and is suitable for a variety of uses, including coffee shops, cafes, restaurants, clothing stores, and banks. There are no deed restrictions on the property. The property was previously a cannabis retail location. The property has a size of 4,080 square feet.
Key Highlights
- High traffic location on Wilder Rd with approximately 19,000 cars per day.
- Free‑standing retail property.
- Renovated in 2018.
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 | $49.0k | $12.00 |
| − Vacancy | −$5.9k | −$1.44 |
| EGI | $43.1k | $10.56 |
| − OpEx | −$12.9k | −$3.17 |
| NOI | $30.2k | $7.39 |
4,080 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.6K
$646.3K – $861.7K
NOI $51,702 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Retail site for sale with high traffic volume.
Where is this retail property located?
The property is located at Bay City, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High traffic location on Wilder Rd with approximately 19,000 cars per day.; Free‑standing retail property.; Renovated in 2018.
