149-155 S Main St - Storefront Retail/Residential FOR SALE


Leslie, MI 49251
$550,000 USD
517-699-6616
149-155 S Main St, Leslie, MI for Sale
$550,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | Request Cap Rate

149-155 S Main St
Leslie, MI 49251


OVERVIEW

This versatile commercial property offers two prime storefronts on the main level (most recently occupied by a successful salon) that can be used together or easily split into separate retail/office spaces currently generating $1,600/month, plus a full basement with outside entry rented for $500/month. Upstairs, three well-maintained apartments remodeled in 2009/2010 feature nice finishes including granite counters, tile, and hardwood flooring: one spacious 2-bedroom with den and two 1-bedrooms, each with in-unit washer and dryer. The apartments command strong rents of $900 for 1-bedrooms and $1,300 for the 2-bedroom and enjoy consistently low vacancy. Whether you're an investor seeking immediate cash flow or an owner-user looking to live and work in one convenient location, this income producing building in a high-visibility area delivers excellent opportunity and turn-key operation.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

B1 GEN

APN/PARCEL ID

17-14-28-202-027

ASK ABOUT THIS PROPERTY

Amber KennellHoward Hanna Real Estate ServicesMore Info
517-699-6616

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

Amber KennellHoward Hanna Real Estate ServicesMore Info
517-699-6616

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