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    Midland, MI
    Spa & Wellness

    Midland, MI Spa & Wellness Properties for Sale

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    Auburn, MI Freeland, MI Sanford, MI Merrill, MI Hope, MI Saginaw, MI Shepherd, MI Kawkawlin, MI
    Salon & Spa Building
    Updated: May 4
    Salon & Spa Building

    312 McDonald Street, Midland, MI 48640

    $899,900
    2,457 sqft 0.33 AC lot
    2,457‑square‑foot building on a 0.33‑acre site
    Existing salon and spa use
    More than 15,000 vehicles pass daily
    Downtown Midland location at 312 McDonald Street
    Central air and forced‑air heating
    View details
    Salon Building with Rental Income
    Updated: Feb 27, 2025
    Salon Building with Rental Income

    4915 Hedgewood Drive, Midland Charter Township, Midland, MI 48640

    $375,000
    1,534 sqft 0.56 AC lot
    High income potential with existing leases in place through the end of 2025 for suites 3‑6, and potential gross monthly rent of $5,250+ when fully leased.
    Updated in 2024, including a brand new roof.
    Features 6 individual suites, offering flexibility for various business models or leasing options.
    Existing wellness tenant (Vital Hydr8) in suites 1 and 2, which includes a wellness room with cold plunge and infrared sauna along with an IV lounge with lounge chairs.
    Opportunity to purchase the existing wellness business (Vital Hydr8) along with the property.
    View details
    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 Midland, 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.

    Well-Appointed Salon or Office Building
    Well-Appointed Salon or Office Building

    3750 Fortune Blvd, Saginaw, MI 48603

    Contact for pricing
    2,554 sqft

    All-brick building with a largely open interior, kitchenette, and office/workroom areas, plus a finished basement.

    View details
    One-Level Retail and Salon Building
    One-Level Retail and Salon Building

    500 E Midland Street, Bay City, MI 48706

    Contact for pricing
    1,665 sqft

    One-level commercial building with an operating furnished salon plus an unfinished second half for flexible tenant use.

    View details
    Spa & Wellness Property with Reception Area
    Spa & Wellness Property with Reception Area

    3240 Sheridan Ave, Saginaw, MI 48601

    $100,000

    Former beauty shop includes basement space for a barber shop or other small business use.

    View details
    Hair Salon with Multiple Stations
    Hair Salon with Multiple Stations

    205 E Jane St, Bay City, MI 48706

    Contact for pricing

    Operate a move-in ready hair salon featuring five stations, a pedicure area, and handicap-accessible entry and waiting area.

    View details

    Midland, MI Spa & Wellness Properties Market Trends and Statistics

    Explore 2 spa & wellness properties for sale in Midland, MI on our real estate platform. These investment opportunities span a total of 3,991 square feet of properties for sale, with an estimated market value of $1,274,900.

    Sale prices for spa & wellness properties in Midland, MI start at $375,000, averaging $637,450, and reaching up to $899,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 4

    Demographics Overview

    Population 66K
    Population Growth (5Y) +2.0%
    Median Household Income $79,626
    College Educated 16.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48640 $637.5K

    Taxes & Financing

    Tax Rate (average for all types) 4.62%
    Property Tax per SF $90.67 per SF
    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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