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    4603 Division Ave Wyoming, MI 49548

    Sponsored
    For Sale
    $249,600

    Thriving salon, versatile space, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 4603 Division Avenue S in Wyoming, MI, presents a unique investment opportunity. The building, situated on a 0.15-acre corner lot, currently houses a well-established salon, complete with five styling stations, two hair-washing bowls, and three stationary hair dryers. The efficient layout ensures a smooth workflow and comfortable client experience. A dedicated private flex room on the main floor offers significant versatility, suitable for a range of additional services such as manicures, tanning, massage therapy, or esthetician services, providing potential for increased revenue streams. Convenience features include a kitchenette, in-unit laundry (washer and dryer), and a high-quality sound system. Accessibility is ensured with a ramp, meeting ADA compliance standards. The upper level boasts two generously sized rooms, ideal for office space, storage, or expansion of the existing salon operations. This property offers a blend of established business and significant growth potential, making it an attractive investment in a desirable location. The asking price is $249,600.

    Property Features for 4603 Division Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1950
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wyoming
    County
    Kent
    State
    Michigan
    Longitude
    -85.66496
    Latitude
    42.88034

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving salon, versatile space, prime location.
    Where is this commercial real estate located?
    The property is located at 4603 Division Ave Wyoming, MI.
    What is the asking price?
    The asking price for this property is $249,600.
    (269) 459-1682
    Request Owner's contact information
    4603 Division Ave Wyoming, MI 49548
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    Wyoming, MI 49548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4603 Division Ave Wyoming, MI 49548
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