115 1st St, Bay City, MI 48708-5601
This exceptional 10,496 square foot Class B office building, situated on a one-acre lot in downtown Bay City, offers flexible lease options perfect for businesses of various sizes. Two spaces are currently available, ranging from 3,500 to 6,996 square feet. The building boasts a desirable location, steps from the river, and features a well-designed layout including several private offices, a spacious meeting/training room, and a large open area ideal for cubicles or collaborative workspaces. Additional amenities include a convenient kitchenette and a shower room. The building is zoned COMMERCIAL-OFFICE and presents a unique opportunity for build-to-suit interior renovations and layout customization to perfectly match a tenant's specific needs. Lease rates are competitive, with the entire 6,996 square foot space available at $15 per square foot NNN plus build-out, or smaller 3,500 square foot spaces available at $17 per square foot NNN plus build-out. This stand-alone professional building provides a prestigious address and a functional workspace in a vibrant downtown setting. The Bay County property (APN: cpixtax) offers a blend of modern convenience and classic charm, making it an ideal location for businesses seeking a high-quality office environment. Contact us for detailed lease rate and term information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 CTRL BUS · Bay City, MIBay City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.