Listed by Berkshire Hathaway HomeServices Michigan Real Estate Portage, Berkshire Hathaway HomeServices MI
$243,000
13434 M 40
Details
APN 80-05-024-013-02
Property Type Retail, Office
Sub Type Storefront, Executive Office
Square Footage 1,630
Units 3
Year Built 1975
Buildings 2
Stories 2
Acreage 1.000
Retail | 1,630 SqFt
Marketing description
Excellent investment or owner-user opportunity with multiple income streams and flexible mixed-use potential. This well-maintained property features a fully operational 5-chair salon, a one-bedroom apartment, and a versatile pole barn with bay doors, dedicated office space, and ample storage/workshop area. Currently, 2 salon chairs are leased on a week-to-week basis at $120 per week per chair, while the apartment is rented month-to-month at $740/month, with estimated market rent potential of $850-$900/month. The pole barn is presently vacant but has historically generated up to $900/month in rental income. The pole barn is equipped with its own well and septic system separate from the main building, along with a full bathroom, heat, and central air, making it ideal for a variety of commercial or light industrial uses. The salon space also offers flexibility for conversion into professional office space, another small business venture, or even a second residential unit, subject to local approvals. Seller is open to negotiating the sale of the salon items as well. Whether you are an investor seeking strong income potential or an entrepreneur looking for a live/work setup, this property offers exceptional versatility and opportunity. (Redundant listing: 26024007)
Listing Contacts
Listed by Berkshire Hathaway HomeServices Michigan Real Estate Portage, Berkshire Hathaway HomeServices MI
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