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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    203 Cedar St, Ewen, MI 49925-5146

    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US43-2861293
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 08 253 001 50
    UPID US43-2861293
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Salon Nine Oh Six Hair Salon Nail Salon
    • Cedar Street Barber Shop Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Erin Nykanen · 13 yrs held
    Erin Nykanen
    since 2012
    1 recorded transaction
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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