tomo logo

$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

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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