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Former School Mixed-Use Property
For Sale
$79,000

1123 N Sherman Street, Bay City, MI 48708

Commercial Sale, Bay City, MI

Property Size19,500 SF
Lot Size0.81 Acres
Price / SF$4.05
Days on Market280

Property Features for 1123 N Sherman Street

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Elementary school district Bay City
Middle school district Bay City
High school district Bay City
Directions Sherman & 3rd
Subdivision Bay County - 5
Standard status Active
APN 09-160-021-427-005-00
Size 19,500 SF
Lot size 0.81 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG AT NE COR OF LOT 1, BLK 32 DANIEL H FITZHUGHS SUB OF OUTLOTS 1,2,3,4 FITZHUGH, FRASER, BIRNEY & WALKERS ADD TO LOWE
Tax Annual Amount 6682
Legal Description BEG AT NE COR OF LOT 1, BLK 32 DANIEL H FITZHUGHS SUB OF OUTLOTS 1,2,3,4 FITZHUGH, FRASER, BIRNEY & WALKERS ADD TO LOWE

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Water source Private

Building Details

Year built 1958
Floors in Building 2
Number of units 1
Listing Agency: GRI Homes for Today
Listed By: Tjader Gerdom · License #6502357230
Added: Jan 7 Changed: Oct 8 Last Checked: Oct 14 at 9:06PM
MLS# 26000701

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a former school building totaling 19,500 square feet on a 0.81-acre site. Constructed in 1958, the facility includes forced-air heating, natural gas availability, private water, and a bathroom. It is offered for sale or lease.

The building overlooks Maplewood Park and is within walking distance of downtown Bay City and the General Motors plant. Access is available from M-25 and I-75, providing connections to the surrounding area.

Key Highlights

  • 19,500‑square‑foot former school building
  • 0.81‑acre property with mixed‑use classification
  • Constructed in 1958 with forced‑air heating

Property Analytics

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Current Use

Schools

Suggested Use

Top Pick HVAC Service Daycare Center Pharmacy Kitchen & Bath Showroom Storage Facility Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby

Demographics for 48708, MI

25,860
Population
12,625
Households
2
Avg Household Size
41
Median Age
17%
College-Educated
89%
High-School Grad
29.1 sq mi
ZIP Area
889
Density / Sq Mi
$50,216
Median Household Income
$31,978
Median Earnings
$703
Median Rent
$98,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former school facility offering substantial interior space for a range of mixed-use applications.
Where is this mixed-use property located?
The property is located at 1123 N Sherman Street Bay City, MI.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 19,500‑square‑foot former school building; 0.81‑acre property with mixed‑use classification; Constructed in 1958 with forced‑air heating
More about this property
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