203 Cedar St, Ewen, MI 49925-5146
This exceptional 500-square-foot commercial building presents a fantastic opportunity in the heart of Ewen, Michigan. Situated on a 0.05-acre lot on South Cedar Street, this property boasts a prime Main Street location, ideal for a variety of businesses. Currently operating as a successful and profitable beauty salon, the building's existing setup offers immediate revenue potential for a new owner. The property is zoned commercial, allowing for diverse business ventures. Recent renovations ensure the building is meticulously maintained and ready for immediate occupancy. Ample space allows for potential expansion to accommodate growing business needs. The building's strong financial history is reflected in its 2023 tax information: Taxable Value of $6,927, State Equalized Value of $7,950, and total taxes of $381.32. This turnkey operation offers a rare blend of established success and future growth potential. Don't miss this chance to own a thriving business in a desirable location. The property's strategic placement and versatile zoning make it an attractive investment for entrepreneurs seeking a well-established foundation or a blank canvas for their next venture. Serious inquiries are encouraged.
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Salon Nine Oh Six Hair Salon Nail Salon
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Cedar Street Barber Shop Barber Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.