1123 Sherman St Bay City, MI 48708

This exceptional 19,500-square-foot mixed-use property, located at 1123 North Sherman Street in Bay City, Michigan, presents a unique redevelopment opportunity. Built in 1958, this former school building sits on a 0.82-acre lot and is zoned R-2 for single and two-family use, offering significant flexibility for future development. The property's prime location offers unparalleled access to key transportation arteries, including easy access to M-25 and I-75, ensuring convenient commutes for residents and employees. Its proximity to downtown Bay City and the General Motors plant provides immediate access to a robust workforce and a thriving urban environment. Furthermore, the building enjoys a picturesque setting overlooking Maplewood Park, offering a tranquil and desirable location. The asking price is $115,000, and the lease type is gross. This presents a compelling investment opportunity for developers seeking to capitalize on the potential of this versatile property in a rapidly growing area. The substantial square footage allows for a wide range of creative uses, from residential conversions to commercial ventures, catering to the diverse needs of the community. The property's history and location combine to create a truly unique and attractive proposition for discerning investors. Serious inquiries are encouraged.