Central Lake, MI 49622,2433 N Main ST
Central Lake, MI 49622,2433 N Main ST
Central Lake, MI 49622,2433 N Main ST
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$150,000
2,685 SqFt
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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

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 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

New Construction No

Schools

High Schools Centrallake

School District Centrallake

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


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Realcomp MLS
Listed by Marie A Leathers of Keller Williams Northern Michigan

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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2433 N Main ST