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    OFF-MARKET
    Office buildings

    2500 Midland Rd, Bay City, MI 48706-9202

    2,740 SF 1.27 ac lot Built 1972
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US43-0566746
    Property summary
    AI-generated overview

    This single-tenant office space, located at 2500 Midland Road in Bay City, Michigan, offers 1,340 square feet of versatile space ideal for various business types. Built in 1972 and completely renovated in 2024, the property boasts fresh flooring throughout. The layout includes a reception area and five private offices, with a sixth office situated behind reception, potentially suitable for a break room or other uses. Ample parking is available, with six or more customer spots on Midland Road and ten or more staff spots in a rear lot accessible from 3 Mile Road. The property is conveniently located minutes from I-75, offering easy access to major transportation routes. Utilities are managed by the owner and include heat, air conditioning, and electricity for an additional monthly fee of $150. Spectrum internet Wi-Fi may be included, depending on tenant needs. The space shares a building but maintains its own address (2502 Midland Rd). Zoned as 201 Commercial Improved, this one-story building is situated in Monitor Township and is served by Consumers Energy. The monthly rent is $1,850 on a two-year lease.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1972
    Total area 2,740 SF
    Lot 1.27 ac (55,321 SF)
    Zoning code PUD
    APN 100-M15-000-001-00
    UPID US43-0566746
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • TaxPlusConsulting Tax Preparation
    • Centennial Planning Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Peden Dev LLC · 6 yrs held
    Peden Dev LLC
    since 2019
    3 recorded transactions
    2019
    $300,000
    2018
    1969
    Zoning & alternative use
    PUD · Bay City, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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