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Property summary
A commercial property originally built in 1971, historically operated as a barbershop starting in 1986 and later closed; it sits on a 0.1-acre lot with a total building area of approximately 420 square feet. The property is positioned in a high-traffic area and has been updated to support uses such as a barbershop, office, retail, or other similar ventures. Improvements documented over recent years include a roof and gutters replacement in 2020 using 35-year shingles, interior and exterior paint in 2023, and a remodeled private office with separate entrances in 2022. The building has updated plumbing, lighting, and electrical systems, with heating and cooling provided by a furnace and A/C, and an on-demand water heater. Entry is secured with newer doors and keypads, and the interior includes newer vinyl plank flooring. A security system is installed with outdoor cameras and indoor monitors, along with a salt-free electronic water softener. The property is connected to municipal water and sewer. Included built-in or owned items and fixtures described with the property include two barber styling chairs, mirrors and workstations with storage, a UV light sanitizer, waiting area furniture, an antique barber pole, two televisions, inventory and supplies. Outdoor space includes two resin storage sheds sized 4x6 and 8x10 and associated lawn maintenance tools.
Property profile
VerifiedCap rate & NOI
Current use
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Barber Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-2 COM · Michigan Center, MIZoning
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Zoning designation
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