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Mixed-Use Property with Salon

160 E Center, Ithaca, MI 48847

For Sale
New
$175,000

The property combines a salon setup with upper-floor rental space and a full basement.

Property Size3,444 SF
Price / SF$50.81
Days on Market6

Property Features for 160 E Center

General Information

Standard status Active
Size 3,444 SF

Financials

Average Monthly Rent $600
Business Included Yes

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

Mixed-Use Components retail, residential, studio
Tenant in Place Yes
Listing Agency: AMERICA'S CHOICE REALTY LLC
Listed By: Cheryl A Reeves · License #6501292615
Source: Exprealty
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 2:36PM

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 AMERICA'S CHOICE REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

At 160 E Center in Ithaca, this mixed-use property has a salon and three private rooms fitted with tanning beds. The second floor contains an approximately 1,050-square-foot, one-bedroom apartment, currently occupied. A third-floor area is being used as a photography studio and for storage, while a full basement provides additional storage space.

The property also includes approximately 3,288 square feet that could be finished for apartment or office use. Together, the existing salon configuration, upper-level spaces and unfinished area provide a mix of current uses and potential additional interior space.

Key Highlights

  • Salon setup includes three private rooms with tanning beds
  • Approximately 1,050‑square‑foot, one‑bedroom apartment on the second floor
  • Third‑floor area used as a photography studio and for storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Robins Hair & Tanning Hair Salon

Suggested Use

Top Pick Real Estate Agency Building Supply Grocery & Convenience Store Gym & Fitness Center Dental Office Garden Center

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

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mercantile Bank Shops & Services
2,212 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a salon setup with upper-floor rental space and a full basement.
Where is this mixed-use property located?
The property is located at 160 E Center Ithaca, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Salon setup includes three private rooms with tanning beds; Approximately 1,050‑square‑foot, one‑bedroom apartment on the second floor; Third‑floor area used as a photography studio and for storage
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