2433 N Main, Central Lake township, Michigan

$150,000

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0.05

Acres

About 2433 N Main

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.

Features of 2433 N Main

MLS® # 78080063068
Price $150,000
Bathrooms 0.00
Acres 0.05
Year Built 1920
Type Commercial
Status Active

Community Information

Address 2433 N Main
Area 88031 - Central Lake Twp
Subdivision CENTRAL LAKE VILLAGE
City Central Lake township
County Antrim
State Michigan
Zip Code 49622

Amenities

Utilities Natural Gas Connected
Parking Assigned 2+ Spaces, Parking Lot, Other
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Construction Block, Brick
Foundation Slab

School Information

District Central Lake

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Northern Michigan
Contact InfoUpNorthRealtor@gmail.com

Listing Map

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