1123 North Sherman Street — Former School for Sale

1123 North Sherman Street in Bay City is offered for sale by Gerdom Realty at $79,000. The broker describes a former school building and markets the property as a potential mixed-use redevelopment opportunity. This is an improved property with an existing brick building, rather than vacant land. The broad Land/Development category reflects that redevelopment marketing; it does not represent an approved change of use or a construction-ready site.

Gerdom reports approximately 19,500 SF in one freestanding, two-story building, construction in 1958, and surface parking. The site is at North Sherman Street and 3rd Street. The broker describes the property as overlooking Maplewood Park and references access to M-25 and I-75. Specific journey times, construction condition, utility capacity, and the suitability of the building for a particular business have not been independently established. Buyers should obtain inspections and current building plans before evaluating rehabilitation costs.

Bay County’s accessible 2026 property record confirms 1123 North Sherman Street, Bay City, MI 48708 and parcel 160-021-427-005-00, owned by A&A Plaza LLC. The county classifies it as commercial-improved and reports 0.815 acres, approximately the 0.82 acres advertised by Gerdom. The county legal description uses dimensions of 162 feet by approximately 219 feet and references a June 2021 parcel split. These differ from the broker’s 125-by-289-foot figures; a current survey should determine the boundaries and included land.

Gerdom identifies zoning as R-2, Single and Two-Family Use. The accessible county entry does not supply a zoning code or construction details, and additional record access is paid. The advertised building area, year, zoning, and parking type therefore remain broker-supplied. Mixed-use redevelopment is a proposed opportunity subject to municipal approval, not a confirmed permitted use. No entitlement, rehabilitation tax incentive, occupancy certificate, income statement, or lease schedule has been supplied for this draft. Contact Michael Murphy to confirm the sale scope, current availability, building condition, survey, and required approvals. The separate lease offering is not included in this sale’s pricing.

A current CPIX comparison also advertises the $79,000 sale, but identifies the former parent parcel 160-021-427-003-00 and 2.77 acres. That conflicts with the current county record and Gerdom’s embedded offering for parcel 005. The draft uses the current county parcel and 0.815 acres; the broker should confirm the exact conveyance scope and update any older syndicated parcel information.