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$ 429,000
Est. payment /mo
Price Dropped by $20K
4915 Hedgewood Drive Midland, MI 48640
1,534 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,534 sqft
Price per Sqft $279
Subdivision Mi
MLS Listing ID 50167416
Year Built 1978
Annual Tax Amount $4,187
Tax Year 2024
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type Commercial/Industrial
Property Description
LIVE THE LAVISH LIFESTYLE! The Lavish Style Studios Salon building is ready for the next entrepreneur! Move your own business right in or lease it up into a cash flowing investment property. The layout features 6 individual suites with a potential gross monthly rent of over $5,250+ when fully leased. Suites 1 and 2 are occupied by Vital Hydr8 which has a wellness room with cold plunge and infrared sauna along with an IV lounge with lounge chairs. Suites 3-6 have signed leases through the end of 2025 (tenants pay by the week). This 1,534 square foot one story building was built in 1978 and updated in 2024 including a brand new roof. The landlord provides lawn care, snow removal, utilities and some basic interior common area maintenance. Call today for your own private showing!
Location
State MI
County Midland
Area Midland (56020)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features 21+ Spaces, On Site
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Others
Energy Description Natural Gas
Financing Cash,Commercial Loan
Listed by Modern Realty