21 E Main St

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21 E Main St

bay-city, MI 48708
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

21 E Main St is situated in the historic heart of Bay City, Michigan, positioned within the central business district. The surrounding neighborhood features a blend of professional offices, local retail storefronts, and dining establishments near the Saginaw River waterfront. The property offers direct proximity to municipal buildings and the Bay County court system. Access to the site is facilitated by the established downtown street grid, with convenient connections to M-25 and I-75, as well as nearby public transit stops serving the greater Bay City area. This office asset is suited for professional services firms, including legal practices, accounting offices, or insurance agencies requiring proximity to city and county administrative hubs. The floor plan supports configurations for private executive suites or collaborative administrative workspaces. Typical tenants include established local businesses or regional satellite offices seeking a centralized location with high pedestrian visibility and walkable access to professional amenities. The building serves as a functional primary or secondary office location for service-oriented organizations.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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