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Mixed-Use Building with Salon
For Sale
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115 S Pine River St, Ithaca, MI 48847

Includes an operating salon, a vacant commercial unit, and two residential apartments.

Property SizeContact for details
Days on Market143

Property Features for 115 S Pine River St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Office, Retail

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Business Included Yes

Amenities

on-site laundry

Building Details

Stories 2
Tenancy Multi
Listing Agency: Keller Williams Grand Rapids
Listed By: Roger Ackerman · License #MI 6501295615
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Grand Rapids

Investment Insights

Based on property information with market context.

This mixed-use property combines an operating full-service salon with residential and commercial components. The salon includes 2 chairs, 2 nail technician stations, and a rear pedicure station, with the business license, DBA, and operating equipment included. An adjacent commercial unit remains vacant and can be leased separately.

The second floor contains 2 two-bedroom apartments with updated kitchens and onsite laundry. The property is located at 115 S Pine River St in Ithaca, Michigan. Recent capital improvements include a roof installed in 2022, along with an updated furnace and water heaters. The source information also identifies potential for converting the retail units to residential use per the City.

Key Highlights

  • Operating full‑service salon with 2 chairs, 2 nail tech stations, and a rear pedicure station
  • Business license, DBA, and salon equipment included
  • Vacant commercial unit next to the salon ready for leasing

Property Analytics

Current Use

It's All About ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 48847, MI

5,886
Population
2,490
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
120.4 sq mi
ZIP Area
49
Density / Sq Mi
$63,967
Median Household Income
$32,762
Median Earnings
$819
Median Rent
$164,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes an operating salon, a vacant commercial unit, and two residential apartments.
Where is this mixed-use property located?
The property is located at 115 S Pine River St Ithaca, MI.
What are key features of this property?
This property features: Operating full‑service salon with 2 chairs, 2 nail tech stations, and a rear pedicure station; Business license, DBA, and salon equipment included; Vacant commercial unit next to the salon ready for leasing
(810) 423-9296 Call to check price and availability
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