$375,000 for Sale
4915 hedgewood, midland, MI 48640
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 month to month by Vital Hydr8 which has a wellness room with cold plunge and infrared sauna along with an IV lounge with lounge chairs. This business is also available for purchase! 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!
General Information
Sale Price: $375,000
Price/SqFt: $244
Status: Active
MLS#: 50167415
City: midland twp
Post Office: midland
County: Midland
Acres: 0.56
Lot Dims: 149x166
Size: 1,534 sq.ft.
Acreage: 0.56 est.
Year Built: 1978
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $2,937
Est. Winter Taxes: $1,251
Information provided by East Central Association of REALTORS
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Listing By: Logan Richetti of Modern Realty, Phone: 989-486-9770
