2433 N Main Street, Central Lake, MI

$150,000

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2,685

Square feet

0.06

Acres

About 2433 N Main Street

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 Street

MLS® # 1938331
Price $150,000
Square Footage 2,685
Acres 0.06
Year Built 1920
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 2433 N Main Street
Subdivision Central Lake
City Central Lake
County Antrim
State MI
Zip Code 49622

Amenities

Parking Spaces 2
Parking On Street
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Has Basement No
Fireplace No

Exterior

Lot Description Interior Lot
Roof Membrane
Construction Brick, Block
Foundation Slab

Additional Information

Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeLakeside Properties Real Estate

Listing Map

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