512 N Lincoln Street, Bay City MI 48708 (Off Market)

For Sale, USD 889,900


512 N Lincoln Street, Bay City MI 48708,

Property Type : Commercial

Property Style : N/A

Build Size : 28,640 ft² / 2,661 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

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 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.
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512 N Lincoln Street, Bay City MI 48708, United States,Michigan,Bay City is a 28,640ft² Bay City luxury Commercial listed for sale USD 889,900. This high end Bay City Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Bay City or search for luxury properties for sale in Bay City.