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Charles Laird

[email protected] +1(248) 431-0544

$ 150,000

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2433 N Main Street Central Lake Twp, MI 49622

2,685 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,685 sqft

Price per Sqft $55

Subdivision Central Lake Village

MLS Listing ID 78080063068

Year Built 1920

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 25 x 100

Source Aspire North REALTORS®

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 Central Lake Twp

Zoning Other

Interior

Heating Forced Air, Wall Furnace

Heat Source Natural Gas

Exterior

Accessibility Disabled Access

Building

Foundation Slab

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Additional Building Other

Structure Type Block,Brick

Schools

School District Central Lake

Others

Tax ID 054209002100

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

Listed by Marie A Leathers of Keller Williams Northern Michigan

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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Charles Laird

2433 N Main Street Central Lake Twp, MI 49622

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2433 N Main Street