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31094593
31094592

140 Bridge St, Dimondale, MI 48821

MW
MI MI 6501360426
RE/MAX Commercial Group
ST
MI 6​5​0​1​3​0​2​7​8​4
RE/MAX Commercial Group
Listed by RE/MAX Commercial Group
$304,900
79 days on market
Updated 26 days ago

144 N Bridge St

Details
APN 081-000-621-091-00
Property Type Multifamily, Retail
Sub Type Apartment Building, Storefront
Square Footage 3,428
Units 3
Price per SqFt $89
Class B
Year Built 1900
Year Renovated 2024
Buildings 2
Stories 2
Acreage 0.250
Zoning B-2

Multi Tenant Investment in Charming Dimondale

Marketing description

Multi-family apartments 140 (Apt 1)-140.5 (Apt 2) N. Bridge St are being sold as a package with 144 Bridge St.

Rare Investment Opportunity: Fully-Upgraded Mixed-Use Gem

Unlock the potential of this versatile mixed-use property in the heart of Dimondale! This portfolio features two well-maintained buildings with three high-performing units, combining stable commercial retail with high-demand multi-family residential space.

Portfolio Breakdown

  • 144 N Bridge (Commercial): Currently housing a newly-opened wine tasting business, this building has seen extensive infrastructure updates, including new electrical (2024), water heater (2024), and bathroom, plumbing and numerous cosmetic renovations in the last 2 years.

  • 140 N Bridge (Apt 1): A spacious residential unit featuring 2 bedrooms and 1 car attached garage, recently updated with a new water heater (2025) and toilet (2024).

  • 140.5 N Bridge (Apt 2): A premier residential unit featuring 3 bedrooms and a 2-car detached garage with newer roof (2024), new windows (2024), and full kitchen/bath updates in 2023

Investment Highlights

  • Value-Add Potential: Current rents are below market value, providing immediate opportunity to increase ROI as leases expire.

  • Turnkey Infrastructure: Over $50,000 in recent capital improvements across all units, including roofing, HVAC (water heaters), water treatment system in the residential rentals. and interior finishes, significantly reducing future CapEx.

  • Superior Amenities: Unlike standard downtown lots, this property offers ample parking and dedicated green space for tenant recreation and play.

  • Prime Connectivity: Centrally located with rapid access to major expressways, railways and regional commerce hubs..

High-upside investment in an ideal location!

Listing Contacts

MW
MI MI 6501360426
RE/MAX Commercial Group
ST
MI 6​5​0​1​3​0​2​7​8​4
RE/MAX Commercial Group
Listed by RE/MAX Commercial Group

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Additional Information

Name
Matthew Wisniewski
License
MI 6501360426
Brokerage Phone
517-321-2800
Name
Sarah Thornton
License
6​5​0​1​3​0​2​7​8​4
Brokerage
RE/MAX Commercial Group
Brokerage Phone
5173212800
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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