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Mixed-Use Building with Apartment
New
For Sale
$179,900

409 Lake Linden, Laurium, MI 49913

A separate, partially finished area offers additional space alongside the street-level business and upstairs residence.

Property SizeContact for details
Days on Market1

Property Features for 409 Lake Linden

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Road Access Yes

Building Details

Year Built 1904
Buildings 1
Listing Agency: Coldwell Banker Schmidt Family Of Companies
Listed By: Mark Heinonen · License #6501428222
Source: Cbcworldwide
Added: Oct 7 Last Checked: Oct 7 at 2:52PM

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 Coldwell Banker Schmidt Family Of Companies

Investment Insights

Based on property information with market context.

This Laurium building pairs a street-level commercial area, currently arranged for barber or salon services, with a two-bedroom apartment on the floor above. The business space has multiple workstations, a waiting area, a bathroom, and its own entrance. The apartment includes a living room, kitchen, and full bathroom. Laundry facilities are located at the rear of the commercial area for residential occupants. A separate section of the building is partially finished and could be completed for additional usable space.

Key Highlights

  • Street‑level commercial area with multiple workstations, waiting area, bathroom, and separate entrance
  • Upstairs apartment with 2 bedrooms, living room, kitchen, and full bathroom
  • Partially finished area offers additional usable space upon completion

Property Analytics

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Current Use

KG HAIR at Avenue ... Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Dental Office Kitchen & Bath Showroom Big Box & Wholesale Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby

Demographics for 49913, MI

7,218
Population
3,990
Households
1.8
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
75.5 sq mi
ZIP Area
96
Density / Sq Mi
$50,469
Median Household Income
$31,667
Median Earnings
$678
Median Rent
$92,700
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A separate, partially finished area offers additional space alongside the street-level business and upstairs residence.
Where is this mixed-use property located?
The property is located at 409 Lake Linden Laurium, MI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Street‑level commercial area with multiple workstations, waiting area, bathroom, and separate entrance; Upstairs apartment with 2 bedrooms, living room, kitchen, and full bathroom; Partially finished area offers additional usable space upon completion
More about this property
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