About 123 N Bailey Street
Historic charm and income potential come together at this impressive brick building just a short walk from downtown Cheboygan. Offering approximately 7,500 square feet, the property features six potential rental units, a garage, and an additional office space that may offer further rental potential. The solid brick construction, architectural character, and history within the Cheboygan community make this a truly distinctive property. Located within walking distance of downtown shops, restaurants, services, and the waterfront, the location adds to its appeal. Whether you are an investor looking to expand your rental portfolio or an owner seeking a unique property with income potential, 123 Bailey Avenue offers space, character, and opportunity in a desirable Cheboygan location.
Features of 123 N Bailey Street
| MLS® # | 201841352 |
|---|---|
| Price | $379,000 |
| Type | Multi-Family |
| Sub-Type | Apartment |
| Style | Two Story |
| Status | Active |
Community Information
| Address | 123 N Bailey Street |
|---|---|
| Subdivision | M W Hornes 3rd Add |
| City | Cheboygan |
| County | Cheboygan |
| State | MI |
| Zip Code | 49721 |
Amenities
| Garages | Attached/UN |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable, Egress Windows, Hardwood Floors, Smoke Detector, Vinyl Floors |
|---|---|
| Appliances | Refrigerator, Electric Range, Dryer, Dishwasher |
| Heating | Natural Gas, Hot Water, Forced Air |
| Has Basement | Yes |
| Basement | Partial Basement, Unfinished |
| Fireplace | No |
Exterior
| Lot Description | 171 X 111 +92 X 61 |
|---|---|
| Construction | Paved Street |
School Information
| District | Cheboygan Area |
|---|---|
| Elementary | Cheboygan |
| High | Cheboygan |
Additional Information
| Date Listed | July 7th, 2026 |
|---|---|
| Zoning | commercial |
Listing Details
| Agent | Billie Desy |
|---|---|
| Office | COLDWELL BANKER SCHMIDT CHEBOYGAN |