Mixed-Use Building on Center
For Sale
$170,000
568 W CENTER Road, Essexville, MI 48732
Four-unit mixed-use building with income and commercial potential.
Property Size3,500 SF
Price / SF$48.57
Days on Market647
Property Features for 568 W CENTER Road
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Multi Family
Building Details
Year Built
1950
Listing Agency:
Beycome Brokerage Realty LLC
Listed By:
Steve Koleno · License #134784
(804) 656-5007
Source:
Exitrealty
Added: Jan 3, 2025
Changed: Sep 8
Last Checked: Sep 15 at 4:16AM
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 Beycome Brokerage Realty LLC
Investment Insights
Based on property information with market context.
This mixed-use building features four units. Currently, three of the units, each with one bedroom and one bathroom, generate a net monthly income of $2350. The fourth unit is a vacant hair salon that requires minor rehabilitation. The property's location and features make it suitable for various other business ventures, including a tattoo parlor, medical office space, used car sales, or a laundromat. The property includes blacktop parking and existing signage.
Key Highlights
- Four‑unit mixed‑use building offering diverse income potential.
- Three 1BR/1BA units currently generating $2350 monthly income.
- Vacant commercial space suitable for various businesses (hair salon, tattoo parlor, medical office, etc.).
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 48732, MI
11,177
Population
5,329
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
24.6 sq mi
ZIP Area
454
Density / Sq Mi
$53,466
Median Household Income
$36,392
Median Earnings
$759
Median Rent
$160,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-unit mixed-use building with income and commercial potential.
Where is this mixed-use property located?
The property is located at 568 W CENTER Road Essexville, MI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Four‑unit mixed‑use building offering diverse income potential.; Three 1BR/1BA units currently generating $2350 monthly income.; Vacant commercial space suitable for various businesses (hair salon, tattoo parlor, medical office, etc.).
