Property profile

302 Tuscola Rd Bay City, MI 48708

FOR SALE
Short term rental properties
Property ID
US43-0932800
Built 1925
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Property summary

AI-generated overview

Expansive 9,900+ sq ft, two-story property on 1.4 acres at 302 Tuscola, Bay County, featuring a newly refinished 18-room short-stay residence. Currently operating as an income-producing business serving traveling medical professionals seeking upscale, short-term accommodations near local hospitals. Business name and concept may be included. Renovations completed Spring 2025 include a commercial kitchen, multiple bathrooms and showers, a theater room, an exercise area, and a fireplace lounge. A rare opportunity to acquire both premium real estate and an established hospitality business with immediate revenue potential of $26k per month. All the big ticket items have been done such as: boiler -2022, central air -2024, roof -2024! Call today for your private tour.

Property profile

Verified
Property type Short term rental properties
Year built 1925
UPID US43-0932800

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Health Resort

Location

302 Tuscola Rd Bay City, MI 48708
Bay City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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