123 N Bailey Street Cheboygan, MI 49721
Listing Courtesy of: WATER WONDERLAND / Listed By: Billie Desy, Coldwell Banker Schmidt Realtors; Tonya Schryer, Cheboygan

  123 N Bailey Street Cheboygan, MI 49721

Active
$379,000 (USD)

Description

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.

MLS #:
201841352
Type
Multifamily
Style
Two Story
School District
Cheboygan Area
County
Cheboygan County
Community
Cheboygan

Listed By

Billie Desy, Coldwell Banker Schmidt Realtors
Tonya Schryer, Coldwell Banker Schmidt Realtors
Source
WATER WONDERLAND
Last checked Oct 12 2026 at 12:29 AM GMT+0000
Bathroom Details
Interior Features
  • Smoke Detector
  • Egress Windows
  • Hardwood Floors
  • Cable
  • Vinyl Floors
  • Laundry Features: Main Level
  • Appliances: Refrigerator
  • Appliances: Electric Range
Subdivision
  • M W Hornes 3Rd Add
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Hot Water
  • None
  • Ceiling Fan(s)
Basement Information
  • Unfinished
  • Partial Basement
Exterior Features
  • Paved Street
Utility Information
  • Sewer: Municipal, Public Sewer
School Information
  • Elementary School: Cheboygan
Garage
  • Attached/Un

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 05, 2026
Price Changed
$379,000
-5%
-$20,000
Jul 07, 2026
Listed
$399,000
-
-
Location
   
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Disclaimer: Copyright 2026 Water Wonderland Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/11/26 17:29