Building Details

Year Built 1935

Listing Agency: Wiens & Roth Real Estate

Listed By: Toni Morrin · License #MCAR-6501407869 Show Phone

Source: Elliman

Added: Jun 1 Changed: Aug 14 Last Checked: Sep 8 at 5:37AM

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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 Wiens & Roth Real Estate

Investment Insights

Based on property information with market context.

This mixed-use live/work building offers flexible space with a commercial first floor and a second floor that can be used as an apartment or office space. The property includes a 2-car garage, and it comes with appliances that will stay with the sale or rental, which can help reduce move-in friction for the next occupant. In addition, there are two vacant adjacent lots included, providing optional space for future use consistent with the property’s current footprint.

The building is positioned in downtown Ottawa Lake, designed to support both commercial activity below and residential or professional use above. Access is supported by the on-site garage, and the overall configuration lends itself to owner-occupants or tenants looking for a convenient work-and-live arrangement.

For tenants and operators, the layout supports a wide range of first-floor commercial uses while keeping an upstairs unit available for residential living or a dedicated office. For buyers, the combination of income-earning potential from the two levels and the inclusion of adjacent lots can be useful for planning an integrated upgrade, expansion, or future reconfiguration. The seller is also open to renting the property.

Key Highlights

• Two‑level property built in 1935 with first‑floor commercial space and an upstairs apartment or office space
• Seller states all appliances on the property will stay
• Includes a 2‑car garage

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop Carpet & Flooring Store (Bike/Boat/Book/etc) Store Discount 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Explore this area Business Placement

Demographics for 49267, MI

3,920

Population

1,593

Households

2.5

Avg Household Size

47

Median Age

28%

College-Educated

98%

High-School Grad

39.0 sq mi

ZIP Area

101

Density / Sq Mi

$96,389

Median Household Income

$43,281

Median Earnings

$858

Median Rent

$244,500

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this live-work space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Live-work space - Two-level setup pairs flexible first-floor commercial space with an upstairs apartment or office.

Where is this live-work space located?

The property is located at 8449 Brown St Ottawa Lake, MI.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: Two‑level property built in 1935 with first‑floor commercial space and an upstairs apartment or office space; Seller states all appliances on the property will stay; Includes a 2‑car garage