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Upgraded Mixed-Use Investment Opportunity
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144 Bridge St, Dimondale, MI 48821

Mixed-use property with commercial and residential units in Dimondale, MI.

Property SizeContact for details
Days on Market150

Property Features for 144 Bridge St

General Information

Standard status Active
Class C
Property subtype Multifamily, Retail
Zoning B-2

Building Details

Year Built 1900
Year Renovated 2024
Buildings 2
Stories 2
Units 2
Listing Agency: RE/MAX Commercial Group
Listed By: Matthew Wisniewski · License #MI 6501360426
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Aug 11 at 9:49AM

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 Commercial Group

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 units. Located in Dimondale, the property at 144 N Bridge houses a wine tasting business and has undergone infrastructure updates, including new electrical (2024), a new water heater (2024), and bathroom and plumbing renovations in the last 2 years. The residential unit at 140 N Bridge (Apt 1) features 2 bedrooms and a 1-car attached garage, with a new water heater (2025) and toilet (2024). The residential unit at 140.5 N Bridge (Apt 2) features 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 has seen over $50,000 in recent capital improvements across all units, including roofing, HVAC (water heaters), a water treatment system in the residential rentals, and interior finishes. The property offers ample parking and dedicated green space for tenant recreation. It is centrally located with access to major expressways, railways and regional commerce hubs.

Key Highlights

  • Rare investment opportunity: mixed‑use property with commercial and residential units in a desirable location.
  • Turnkey infrastructure: over $50,000 in recent capital improvements, including new electrical, water heaters, and roofing.
  • Value‑add potential: current rents are below market value, offering immediate ROI increase opportunities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Auto Repair Shop Law Firm Dental Office

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

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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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, MI.
Where is this mixed-use property located?
The property is located at 144 Bridge St 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: mixed‑use property with commercial and residential units in a desirable location.; Turnkey infrastructure: over $50,000 in recent capital improvements, including new electrical, water heaters, and roofing.; Value‑add potential: current rents are below market value, offering immediate ROI increase opportunities.
(517) 321-2800 Call to check price and availability
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