$150,000
UNDER CONTRACT

2433 N Main St Central Lake, MI 49622

Estimated payment $958/month

Total Views 360
2 Beds
2.5 Baths
2,685 Sq Ft
$56 Price per Sq Ft

Highlights

  • Popular Property
  • Forced Air Heating and Cooling System
  • 1-minute walk to Thurston Park
  • Great Room
  • Handicap Accessible

About This Home

This unique offering features a versatile street-level commercial space and two fully-occupied residential one bedroom apartments above, located in the heart of Central Lake. The ground-floor commercial space is a testament to its long-standing success as a hair salon, with a strong legacy and a team of stylists who are integral to its operations and who are eager to continue under new management. This presents a rare "walk-in and go" business opportunity, with a built-in staff and customer base. The space's versatility, however, is its greatest asset, easily convertible to a variety of other uses, including professional offices, a welcoming coffee shop, or a vibrant retail store. The property's residential component is a key asset, featuring two apartments currently occupied by long-term, stable tenants who wish to remain in the building. This provides a consistent and reliable rental income stream from day one, helping to offset ownership costs and increase the property's overall return. While the building is a charming, historic structure and is currently generating income, it is being offered as-is and is in need of some repair and updating. This presents a unique value-add opportunity for a savvy investor or a visionary owner to renovate and revitalize the property, enhancing its value and unlocking its full potential. This is a rare find for a buyer who can appreciate a property with both immediate income and substantial upside. Whether you're an investor looking to start a new project or an entrepreneur ready to capitalize on a prime location, this listing offers a strategic path to profitability and growth.

Listing Agent

Marie Leathers

Keller Williams Northern Michigan License #6502363124 Listed on: 12/04/2025

Keller Williams Northern Michigan

Co-Listing Agent

Jennifer Partin

Keller Williams Northern Michigan License #6501458671

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • The community has rules related to zoning restrictions

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 2,685 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • Handicap Accessible

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • Central Lake Village Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Duplex
  • Estimated Year Built: 1920
  • Construction: Brick, Block
  • Univs Design Barrier Free: No Steps Entry
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Great Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10x10
  • Total Bathrooms: 2.5
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 12x10
  • Living Room: Dimensions: 12x8
  • Range: R 8W
  • Total Finished Sf Apx: 2685

Exterior Features

  • Exterior Features: Sidewalk, Handicap Access
  • Exterior Finish: Brick, Block
  • Foundation: Slab
  • Number Of Acres: 0.05
  • Road: Public Maintained, Blacktop
  • Roof: Membrane

Garage/Parking

  • Driveway: Concrete
  • Primary Garage: Assigned Parking Space

Utilities

  • Heating Cooling Types: Forced Air, Wall
  • Laundry: On Level: None
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Name: Central Lake Village

Lot Info

  • Lot Dimensions: 25 x 100
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Multi-Family, Commercial, Office

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Central Lake Public Schools

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,050 $70,600 $0 $0
2024 $16 $46,900 $0 $0
2023 $1,536 $46,900 $0 $0
2022 $1,346 $40,000 $0 $0
2021 $1,296 $34,400 $0 $0
2020 $1,282 $30,600 $0 $0
2019 $1,268 $30,400 $0 $0
2018 $1,654 $31,900 $0 $0
2017 $1,776 $29,600 $0 $0
2016 $1,264 $29,300 $0 $0
2015 -- $34,300 $0 $0
2014 -- $35,200 $0 $0
2013 -- $36,700 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $150,000 -- $56 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $50,637 Corporate Settlement Solutio
Deed $50,600 --
Quit Claim Deed -- --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1940983

Northern Great Lakes REALTORS® MLS

APN: 05-42-090-021-00