Owning a piece of history like the original Bay City Academy is an incredible opportunity! The combination of historical charm and modern amenities make it a versatile investment. With 23 rental units and 5 office spaces, there's already a solid income stream in place, and the potential to convert additional… Read More rooms into income-generating spaces adds even more value. The building's 1890s architecture, with its original oak trim and mirror staircases, adds a unique character that's hard to find in newer constructions. The vaulted ceilings and archways further enhance its appeal, creating a sense of grandeur and elegance. It's fascinating to hear about the original chapel, repurposed as office space, and the secret staircase used by the priest. These historical touches add to the building's allure and provide a glimpse into its rich past. With recent updates like the refurbished boilers (2024) and new roof (Dec 2023), along with regular maintenance of the Otis elevator, it's clear that the property has been well-cared for and is ready for its next chapter. Investing in such a property not only provides a solid financial opportunity but also allows the owner to become a part of local history, preserving and maintaining a piece of Bay City's heritage for generations to come. Read Less
Courtesy of Berkshire Hathaway HomeServices, Bay City.
Listing Snapshot
Days Online
612
Last Updated
Property Type
Commercial/Industrial
Square Ft.
28,640
Lot Size
1.73 Acres
Year Built
1890
MLS Number
50138460
30 Days Snapshot Of 48708
$455k
0%
(avg) sold price
6
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
28,640 square feet, Built in 1890
Foundation
Basement
Water Features
Gas, Public Water
Heating
Hot Water, LP/Propane Gas, Natural Gas
Lot
1.73 acres, Lot size: Irregular
Parking
21+ Spaces, Off Site, Parking Lot
Property
Commercial
Roof
Shingles
Sewer
Public Sanitary
Taxes
Total amount: $10,308, Year: 2023
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