$449,000
- Beds
- 5
- Baths
- 2.0
- sq ft
- 1,534
4915 Hedgewood Dr, Midland, MI 48640
4915 Hedgewood Dr
MidlandCity_Midland, MI 48640
- 1 day on market
LIVE THE LAVISH LIFESTYLE! The Lavish Style Studios Salon building is ready for the next entrepreneur! Move your own business right in or lease it up into a cash flowing investment property. The layout features 6 individual suites with a potential gross monthly rent of over $5,250+ when fully leased. Suites 1 and 2 are occupied by Vital Hydr8 which has a wellness room with cold plunge and infrared sauna along with an IV lounge with lounge chairs. This business and its equipment could be purchased independently by the new owner or could be cleared out prior to closing and the suites owner occupied or leased to any number of tenants including: massage therapist, hair stylist, etc. Suites 3-6 have signed leases through the end of 2025 bringing in approximately $3,200+ per month currently (tenants pay by the week). This 1,534 square foot one story building was built in 1978 and updated in 2024 including a brand new roof. The landlord provides lawn care, snow removal, utilities and some basic interior common area maintenance. Call today for your own private showing!
Details
Property type
Single Family Residence
Lot size
0.56 acres
Price per sq ft
$293
Year built
1978
Annual property taxes
$4,187.53
HOA
Yes
Price History
04/03/2025

Realcomp #61050170344
Listed
$449,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
Midland
Status: Active
Tomo last checked: 04/04/2025 at 12:40 PM
Listing updated: 04/03/2025 at 10:56 AM
Listed by: Logan Richetti, Modern Realty Phone #: (989) 486-9770
MLS: Realcomp #61050170344

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