Financial
Distress signals
Property profile

822 Washington Ave Bay City, MI 48708

OFF-MARKET
Commercial real estate
Property ID
US43-3847646
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a historic, four-story commercial building situated on a 0.503-acre lot at 822 Washington Ave, Bay City, MI 48708. Built in 1891, the Laporte Building boasts 25,000 square feet of space, currently 75% occupied, offering immediate income generation. The building's prime downtown location provides easy access to local shops, restaurants, and attractions. Priced at $1,095,000 ($43.80/sq ft), this multi-tenant property offers a diverse range of

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$26k
Effective rate14.47%

Value estimate

· Sep 2026
$210k
$189k – $231k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$34/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$20 – $55

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy14.2
HVAC Service12.3
Garden Center12.0

Location

822 Washington Ave Bay City, MI 48708-5780
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1122 Johnson, Bay City, MI 48708-6254 $55,000 Feb 2026 4,839 SF
1201 Mckinley, Bay City, MI 48708-6654 $310,000 Feb 2026 3,572 SF
2730 22nd, Bay City, MI 48708-7616 $158,000 Dec 2025 N/A
1490 Rdg, Bay City, MI 48708-9179 $112,500 Oct 2025 N/A
720 Pne, Bay City, MI 48708-9178 $586,606 Aug 2025 N/A
1001 9th, Bay City, MI 48708-6587 $125,000 Jul 2025 3,788 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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