Live - Work Space

Hersey, MI Live-work Space for Sale

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Three-Bay Auto Shop with Studio
Updated: May 5
Three-Bay Auto Shop with Studio

410 S Division Street, Hersey, MI 49639

$189,900
3,360 sqft 0.49 AC lot
3,360 square feet across four total lots
0.49‑acre property with access from S Division Street and Main Street
Three‑bay garage with heat, air conditioning, overhead storage, and workspace
Attached studio apartment or office with full bathroom, kitchenette, loft, and storage
2008 construction with vinyl siding, forced‑air heat, and central air
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Garage Workshop with Studio Office
Updated: May 5
Garage Workshop with Studio Office

410 Division, Hersey, MI 49639

$199,900
Just under a half‑acre across four lots with access from both Division and Main Street
Massive heated and air‑conditioned 3‑bay garage currently used as a repair shop, with overhead storage and ample workspace
Attached studio apartment/office includes a full bathroom, small kitchenette, open living area, loft, central air, and additional storage
Zoned 401 Residential‑Improved
Owner has a special zoning variance allowing a commercial business to operate; may transfer with the sale (buyer to verify)
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hersey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

201 State Street, Luther, MI 49656

$240,000
3,670 sqft 0.10 AC lot

Storefront space is paired with residential quarters, central air, loft-style bedrooms, and a large garage suited to business or personal use.

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Waterfront Mixed-Use Property
Waterfront Mixed-Use Property

8848 State Avenue, Houghton Lake, MI 48629

$399,000
2,880 sqft 0.32 AC lot

C-W-zoned property combines commercial space, residential quarters, storage, and canal access.

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Mixed-Use Property with Workshop
Mixed-Use Property with Workshop

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$139,999
3,744 sqft 0.56 AC lot

Combines retail space, living quarters, and a garage/workshop under one roof.

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

201 State Street, Luther, MI 49656

$240,000
2,590 sqft 0.10 AC lot

Storefront space with attached residential quarters supports an on-site live-work configuration.

View details

Hersey, MI Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Hersey, MI on our real estate platform. These investment opportunities span a total of 3,360 square feet of properties for sale, with an estimated market value of $389,800.

Sale prices for live-work properties in Hersey, MI start at $189,900, averaging $194,900, and reaching up to $199,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,420
Population Growth (5Y) +5.0%
Median Household Income $62,409
College Educated 24.4%

High-Yield Neighborhoods for Investment

Identify Hersey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49639 $199.9K

Taxes & Financing

Tax Rate (average for all types) 3.88%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Osceola County

New Delisted

Total CRE Inventory on Market (SF)

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