Midland Twp, MI 48640,4915 Hedgewood Drive
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Midland Twp, MI 48640,4915 Hedgewood Drive
Midland Twp, MI 48640,4915 Hedgewood Drive
Midland Twp, MI 48640,4915 Hedgewood Drive
Midland Twp, MI 48640,4915 Hedgewood Drive

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$ 449,000
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4915 Hedgewood Drive Midland Twp, MI 48640

1,534 SqFt


UPDATED:

02/27/2025 12:44 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,534 sqft

Price per Sqft $292

Subdivision Hedgewood

MLS Listing ID 61050167415

Originating Board Saginaw Board of REALTORS®

Year Built 1978

Annual Tax Amount $4,187

Lot Size 0.560 Acres

Acres 0.56

Lot Dimensions 149x166

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. This business and its equipment could be purchased independently by the new owner or could be cleared out prior to closing and the suites owner occupied or leased to any number of tenants including: massage therapist, hair stylist, etc. Suites 3-6 have signed leases through the end of 2025 bringing in approximately $3,200+ per month currently (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 Twp

Zoning Commercial

Interior

Hot Water Natural Gas

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Utilities Available Employee Lunch/Lounge, 220V Available

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Additional Building Other

Structure Type Frame,Wood

Schools

School District Midland

Others

Tax ID 140650127

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Full Service


Realcomp MLS
Listed by Logan Richetti of Modern Realty
agent

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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