140 N Bridge St - Storefront FOR SALE


Dimondale, MI 48821
$314,900 USD
517-321-2800
140 N Bridge St, Dimondale, MI for Sale
$314,900 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

140 N Bridge St
Dimondale, MI 48821


HIGHLIGHTS

  • Turnkey infrastructure
  • Easy highway access
  • Ample parking

OVERVIEW

Multi-family apartments 140 (Apt 1)-140.5 (Apt 2) N. Bridge St are being sold as a package with 144 Bridge St. Rare Investment Opportunity: Fully-Upgraded Mixed-Use Gem Unlock the potential of this versatile mixed-use property in the heart of Dimondale! This portfolio features two well-maintained buildings with three high-performing units, combining stable commercial retail with high-demand multi-family residential space. Portfolio Breakdown 144 N Bridge (Commercial): Currently housing a newly-opened wine tasting business, this building has seen extensive infrastructure updates, including new electrical (2024), water heater (2024), and bathroom, plumbing and numerous cosmetic renovations in the last 2 years. 140 N Bridge (Apt 1): A spacious residential unit featuring 2 bedrooms and 1 car attached garage, recently updated with a new water heater (2025) and toilet (2024). 140.5 N Bridge (Apt 2): A premier residential unit featuring 3 bedrooms and a 2-car detached garage with newer roof (2024), new windows (2024), and full kitchen/bath updates in 2023 Investment Highlights Value-Add Potential: Current rents are below market value, providing immediate opportunity to increase ROI as leases expire.  Turnkey Infrastructure: Over $50,000 in recent capital improvements across all units, including roofing, HVAC (water heaters), water treatment system in the residential rentals. and interior finishes, significantly reducing future CapEx. Superior Amenities: Unlike standard downtown lots, this property offers ample parking and dedicated green space for tenant recreation and play. Prime Connectivity: Centrally located with rapid access to major expressways, railways and regional commerce hubs.. High-upside investment in an ideal location!

FOR SALE DETAILS

PRICE

$314,900 USD

PRICE/SF

$734 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,325 SF

ZONING

B-2

APN/PARCEL ID

081-000-621-091-00

ASK ABOUT THIS PROPERTY

Sarah ThorntonRE/MAX Commercial GroupMore Info
517-321-2800

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Sarah ThorntonRE/MAX Commercial GroupMore Info
517-321-2800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.