Upgraded Mixed-Use Investment
For Sale
$299,900
140 Bridge Street, Dimondale, MI 48821
Mixed-use property with commercial and residential units in Dimondale.
Property Size3,428 SF
Price / SF$87.49
Days on Market157
Property Features for 140 Bridge Street
General Information
Standard status
Active
Size
3,428 SF
Property subtype
Multi-Family
Building Details
Building Size
3,428 SF
Listing Agency:
RE/MAX
(517) 202-5699
Listed By:
Sarah Thornton · License #6501360426
(517) 202-5699
Source:
Remaxcommercial
Added: Mar 27
Changed: Aug 25
Last Checked: Aug 29 at 5:49AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This mixed-use property features two buildings with three units, combining commercial retail space with multi-family residential space. Located in Dimondale, the portfolio includes 144 N Bridge, a commercial building currently housing a wine tasting business. This building has undergone infrastructure updates, including new electrical (2024), a new water heater (2024), and bathroom and plumbing renovations in the last 2 years. 140 N Bridge (Apt 1) is a residential unit featuring 2 bedrooms and a 1 car attached garage, recently updated with a new water heater (2025) and toilet (2024). 140.5 N Bridge (Apt 2) is a residential unit featuring 3 bedrooms and a 2-car detached garage with a newer roof (2024), new windows (2024), and full kitchen and bath updates in 2023. The property offers ample parking and dedicated green space for tenant recreation. It is centrally located with access to expressways, railways and regional commerce hubs. The property has over $50,000 in recent capital improvements across all units, including roofing, HVAC (water heaters), water treatment system in the residential rentals, and interior finishes.
Key Highlights
- Rare Investment Opportunity: Fully‑upgraded mixed‑use property with stable commercial retail and high‑demand multi‑family residential space.
- Turnkey Infrastructure: Over $50,000 in recent capital improvements, including new electrical, water heaters, roof, windows, and interior finishes.
- Value‑Add Potential: Current rents are below market value, offering immediate opportunity to increase ROI.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 48821, MI
5,987
Population
2,591
Households
2.3
Avg Household Size
51
Median Age
36%
College-Educated
97%
High-School Grad
19.9 sq mi
ZIP Area
301
Density / Sq Mi
$103,652
Median Household Income
$57,222
Median Earnings
$1,003
Median Rent
$237,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with commercial and residential units in Dimondale.
Where is this mixed-use property located?
The property is located at 140 Bridge Street Dimondale, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Rare Investment Opportunity: Fully‑upgraded mixed‑use property with stable commercial retail and high‑demand multi‑family residential space.; Turnkey Infrastructure: Over $50,000 in recent capital improvements, including new electrical, water heaters, roof, windows, and interior finishes.; Value‑Add Potential: Current rents are below market value, offering immediate opportunity to increase ROI.
