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$ 150,000
Active
2433 N Main ST Central Lake, MI 49622
2,685 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 2,685 sqft
Subdivision Central Lake Village
MLS Listing ID 78080063068
Year Built 1920
Property Description
Presenting a prime commercial real estate opportunity with a built-in income stream and exceptional upside potential. This unique offering features a versatile street-level commercial space and two fully-occupied residential apartments above, located in the heart of Central Lake. The ground-floor commercial space is a testament to its long-standing success as a hair salon, with a strong legacy and a team of stylists who are integral to its operations and who are eager to continue under new management. This presents a rare "walk-in and go" business opportunity, with a built-in staff and customer base. The space's versatility, however, is its greatest asset, easily convertible to a variety of other uses, including professional offices, a welcoming coffee shop, or a vibrant retail store. The property's residential component is a key asset, featuring two apartments currently occupied by long-term, stable tenants who wish to remain in the building. This provides a consistent and reliable rental income stream from day one, helping to offset ownership costs and increase the property's overall return. While the building is a charming, historic structure and is currently generating income, it is being offered as-is and is in need of some repair and updating. This presents a unique value-add opportunity for a savvy investor or a visionary owner to renovate and revitalize the property, enhancing its value and unlocking its full potential. This is a rare find for a buyer who can appreciate a property with both immediate income and substantial upside. Whether you're an investor looking to start a new project or an entrepreneur ready to capitalize on a prime location, this listing offers a strategic path to profitability and growth.
Location
State MI
County Antrim
Area Area88031Centrallaketwp
Interior
Heating ForcedAir, NaturalGas, WallFurnace
Cooling WallWindowUnits
Exterior
Parking Features Assigned2Spaces, ParkingLot, Other
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer PublicSewer
Water Public
Schools
School District Centrallake
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Marie A Leathers of Keller Williams Northern Michigan
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