Mixed-Use Building on Center
For Sale
$165,000
568 W CENTER Rd, Essexville, MI 48732
Four-unit mixed-use building with income potential and vacant commercial space.
Property Size3,500 SF
Lot Size0.53 Acres
Days on Market185
Property Features for 568 W CENTER Rd
General Information
Standard status
Active
Size
3,500 SF
Lot size
0.53 Acres
Property subtype
Investment
Building Details
Building Size
3,500 SF
Year Built
1950
Units
3
Listing Agency:
beycome
Listed By:
Steven Koleno · License #3469487
(804) 656-5007
Source:
Elliman
Added: Mar 10
Changed: Sep 8
Last Checked: Sep 9 at 10:37AM
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
Investment Insights
Based on property information with market context.
This mixed-use building on Center Road features four units. Currently, three 1-bedroom, 1-bathroom units are netting $2350 monthly. There is a vacant hair salon needing light rehabilitation. Other potential uses for the commercial space include a tattoo parlor, medical office space, used car sales, or a laundromat. The property includes black top parking and existing signage.
Key Highlights
- Four‑unit mixed‑use building offers diverse income potential.
- Existing cash flow with 3 rented units currently netting $2350 monthly.
- 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?
Quadplex - Four-unit mixed-use building with income potential and vacant commercial space.
Where is this quadplex located?
The property is located at 568 W CENTER Rd Essexville, MI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Four‑unit mixed‑use building offers diverse income potential.; Existing cash flow with 3 rented units currently netting $2350 monthly.; Vacant commercial space suitable for various businesses** (hair salon, tattoo parlor, medical office, etc.).
