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    Hope, MI
    Live - Work Space

    Hope, MI Live-work Space for Sale

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    Sanford, MI Midland, MI Beaverton, MI Coleman, MI Pinconning, MI Shepherd, MI Gladwin, MI Mount Pleasant, MI
    Live-Work Property with Heated Shop
    Updated: Feb 27
    Live-Work Property with Heated Shop

    6163 N Meridian Road, Hope, MI 48628

    $235,000
    2,956 sqft 0.72 AC lot
    Live/work setup with expansive heated shop and attached residential space just steps away
    Front and rear access points for flexible equipment and vehicle entry to the shop area
    Central air cooling and forced air heating
    Vinyl siding construction
    Utilities include natural gas available; water from a well; septic tank sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    6163 N Meridian Road, Hope, MI 48628

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Mortgage

      $100K
      Jan 2026

    • Property Type

      Clubs, Lodges, Professional Associations
      Built 2001
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    Live-Work Workshop Property
    Updated: Feb 9
    Live-Work Workshop Property

    Hope, MI 48628

    $235,000
    Heated shop with multiple work areas
    Attached residential space steps away from the shop
    Front and rear access points for flexible equipment and vehicle entry
    Pool: none
    Lot dimensions: irregular
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hope, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Live-Work Commercial Building with Garage
    Live-Work Commercial Building with Garage

    6415 W Houghton Lake Drive, Houghton Lake, MI 48629

    $144,900
    3,744 sqft 0.56 AC lot

    Versatile live-work setup with retail space, dedicated living quarters, and a large garage/workshop for flexible operations.

    View details
    Versatile Commercial Property, Houghton Lake
    Versatile Commercial Property, Houghton Lake

    6415 W Houghton Lake Drive, Houghton Lake, MI 48629

    $144,900
    3,744 sqft 0.47 AC lot

    Live, work, and invest in one convenient Houghton Lake location.

    View details
    Corner-Lock Industrial Live/Work Building
    Corner-Lock Industrial Live/Work Building

    5496 W Isabella Road, Shepherd, MI 48883

    $175,000
    3,612 sqft 0.84 AC lot

    Industrial-style bay space with tall garage doors plus compact upstairs living quarters for a flexible live/work layout.

    View details
    Industrial Live-Work Building with Tall Doors
    Industrial Live-Work Building with Tall Doors

    5496 W Isabella Rd, Shepherd, MI 48883

    $175,000
    3,612 sqft

    Corner industrial property with tall garage doors and compact upstairs living quarters for live/work flexibility.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Spacious Commercial Building on M-65
    Spacious Commercial Building on M-65

    4271 N M-65, Hale, MI 48739

    $480,000
    5,500 sqft 4.00 AC lot

    Large commercial building with living space on heavily traveled M-65.

    View details
    Parking Lot and Events Site
    Parking Lot and Events Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

    View details
    Ludington Waterfront Development Opportunity
    Ludington Waterfront Development Opportunity

    W Danaher St, Ludington, MI 49431

    $245,000
    0.19 AC lot

    Prime Ludington building site with flexible mixed-use zoning.

    View details
    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

    View details

    Hope, MI Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Hope, MI on our real estate platform. These investment opportunities span a total of 2,956 square feet of properties for sale, with an estimated market value of $235,000.

    Sale prices for live-work properties in Hope, MI start at $235,000, averaging $235,000, and reaching up to $235,000 — 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 1,920
    Population Growth (5Y) -17.3%
    Median Household Income $89,183
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48628 $235K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Midland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Midland County

    Residential Income

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