$75,000
Coral, MI 49322
MLS# 25059454
Status: Pending
10000 sqft
1 / 19
Property Description
Endless potential in this historic former school building. This property served the community for decades and was later converted into a private residence. Today, it sits vacant and ready for its next chapter. With its solid structure, wide hallways, and generous room sizes, the building is a natural fit for a multi-unit redevelopment. High ceilings, open layouts, and the original schoolhouse character create the perfect foundation for an apartment complex, senior housing, or mixed-use residential project. The setting offers privacy and space—ideal for parking, green areas, or future expansion. Investors will appreciate the rare opportunity to reimagine a large institutional building into income-producing housing. Whether you plan to renovate, restore, or redesign, this property delivers the flexibility and footprint needed to bring a bold vision to life.
Details
Maps
Location Property Info
County: Montcalm
Street #: 4931
Street Direction: N
Street Name: Bailey
Suffix: Road
State: MI
Zip Code: 49322
Area: Montcalm County - V
OfficeContract Info
Status: Pending
Current Price: $75,000
List Price: $75,000
Listing Date: 2025-11-21
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.03
Lot Square Footage: 44885
Lot Dimensions: NA
Year Built: 1937
Road Frontage: 280
Mineral Rights: Unknown
Total # Units: 2
# Fin Bldg Lvls: 10388
Total # Bldgs: 2
Total SqFt: 10000
Property Use Type: Vacant/Owner-User
Full Baths: 3
Waterfront: No
School District: Tri County
Tax Info
Tax ID #: 59-013-141-001-01
Taxable Value: 20497
SEV: 87300
For Tax Year: 2025
Seller's Annual Property Tax: 999.65
Tax Year: 2024
Spec Assessment & Type: NA
Remarks Misc
Directions: From US-131, take the Pierson Exit (Exit 118).
Turn east onto Cannonsville Road and follow it into the village of Pierson.
Continue straight through Pierson as Cannonsville Road becomes Kendaville Road.
Stay on Kendaville Road for several miles until you reach Bailey Road.
Turn left (north) onto Bailey Road.
Follow Bailey Road until you reach 4931 N Bailey Rd, which will be on your left/rig
Status Change Info
Under Contract Date: 2025-12-26
Waterfront Options
Water Access Y/N: No
Property Features
Property Use: Vacant/Owner-User
Uses: Institutional; Professional/Office; Recreation
Ownership: Trust
Business Includes: Non-Applicable
Construction Type: Block
Exterior Material: Block; Concrete; Stone
Roofing: Metal
Foundation: Block; Stone
Below Grade: Basement
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Phone Connected
Util Avail at St: Electricity Available; Phone Available
Heat Source: Electric; Geothermal
Heat Type: Baseboard; Hot Water; Radiant
Driveway: None
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow
Listing Office: Ensley Real Estate
Listing Agent: Laura Ensley
Last Updated: December - 27 - 2025
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