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$ 150,000
Pending
2433 N Main ST Central Lake, MI 49622
2,685 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Rent
Square Footage 2,685 sqft
Subdivision Central Lake Village
MLS Listing ID 78080063068
Year Built 1920
Lot Size 2,178 Sqft
Acres 0.05
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 Forced Air, Natural Gas, Wall Furnace
Cooling Wall Window Units
Fireplace No
Exterior
Parking Features Assigned2Spaces, ParkingLot, Other
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Central Lake
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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