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Mixed-Use Building with Laundromat
For Sale
Contact for pricing
Pending

501 Calumet, Lake Linden, MI 49945

Operating laundromat with two apartments, customer surveillance, and rear off-street parking in Lake Linden.

Property SizeContact for details
Days on Market142

Property Features for 501 Calumet

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Special Purpose

Additional Details

Business Included Yes
Corner Location Yes

Amenities

surveillance camera system
half bathroom

Building Details

Buildings 1
Tenancy Multi
Listing Agency: CENTURY 21 North Country Agency
Listed By: Kristine Jukuri Weidner · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:19PM

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 CENTURY 21 North Country Agency

Investment Insights

Based on property information with market context.

This mixed-use property combines an operating laundromat with two residential apartments. The commercial area includes 8 top-load washers, 2 triple-load washers, 4 front-load washers, 12 dryers, a coin machine, surveillance cameras, and a customer half bathroom. The main-level apartment offers one bedroom, an open kitchen and living area, and a three-quarter bathroom. Upstairs, the second apartment has three bedrooms, a full bathroom, kitchen, living room, and dining room.

The building occupies a corner at Calumet Street and 5th Street in Lake Linden, with proximity to local restaurants, a school, a village park, and a campground area. Approximately four off-street parking spaces are located behind the building. Reported improvements include flooring in the main-floor apartment and a roof updated in 2019.

Key Highlights

  • Operating laundromat with 8 top loaders, 2 triple loads, 4 front‑load washers, 12 dryers, and a coin machine
  • Two apartments: one 1‑bedroom unit and one 3‑bedroom unit
  • Laundromat includes surveillance cameras and a customer half bathroom

Property Analytics

Current Use

Lake Linden Laundromat ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Bakery Auto Parts Store (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 49945, MI

2,650
Population
2,247
Households
1.2
Avg Household Size
51
Median Age
25%
College-Educated
92%
High-School Grad
149.0 sq mi
ZIP Area
18
Density / Sq Mi
$52,866
Median Household Income
$32,168
Median Earnings
$495
Median Rent
$142,800
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 - Operating laundromat with two apartments, customer surveillance, and rear off-street parking in Lake Linden.
Where is this mixed-use property located?
The property is located at 501 Calumet Lake Linden, MI.
What are key features of this property?
This property features: Operating laundromat with 8 top loaders, 2 triple loads, 4 front‑load washers, 12 dryers, and a coin machine; Two apartments: one 1‑bedroom unit and one 3‑bedroom unit; Laundromat includes surveillance cameras and a customer half bathroom
More about this property
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