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    FOR LEASE
    Medical Office Space

    4 Columbus Ave Bay, Bay City, MI 48706

    60,200 SF 5.3 ac lot Built 2015
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-4198917
    Property summary
    AI-generated overview

    This exceptional medical office space offers a unique opportunity in a thriving Bay County location. The property is a shell space within a multi-tenant outpatient medical building, providing flexibility for build-out to suit your specific needs. Enjoy the convenience of plentiful on-site parking, eliminating the hassle of finding parking for staff and patients. The building boasts beautiful views of the Saginaw River, enhancing the overall atmosphere and appeal. Its strategic location offers easy access to amenities, including the nearby Courtyard Marriott and various local restaurants, making it convenient for both patients and staff. The building currently houses a diverse range of medical services, including orthopedics, a large endoscopy center, an urgent care center, a pain management center, primary care physicians, a laboratory, imaging services, nephrology specialists, and a pharmacy. This established medical environment creates a synergistic and collaborative atmosphere. The proximity to McLaren Bay Region Hospital, just 1.5 miles away, further enhances the property's desirability and accessibility. Convenient access from I-75B ensures easy commutes for patients and staff from across the region. This is an ideal opportunity for medical professionals seeking a well-located, established, and amenity-rich space to expand their practice or establish a new one. The shell space allows for complete customization, ensuring the perfect fit for your specific requirements.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2015
    Total area 60,200 SF
    Lot 5.3 ac (230,868 SF)
    Zoning code C-3 CTRL BUS
    APN 160-028-151-016-00
    UPID US43-4198917
    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
    • Dr. Johnathan Howard Dental Office
    • Derrick Jauss, PA-C Medical Clinic
    • Dr. Robert Render Physician
    • Andrew Bayci Physician
    • Samuel Hui Physician Hospital
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    City Medical Office Building LLC · 5 yrs held
    City Medical Office Building LLC
    since 2021
    2 recorded transactions
    2021
    2016
    Zoning & alternative use
    C-3 CTRL BUS · Bay City, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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