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Investment Highlights

  • Turnkey infrastructure
  • Ample parking
  • Easy highway access

Executive Summary

Multi-family apartments 140 (Apt 1)-140.5 (Apt 2) N. Bridge St are being sold as a package with 144 Bridge St.
Rare Investment Opportunity: Fully-Upgraded Mixed-Use Gem
Unlock the potential of this versatile mixed-use property in the heart of Dimondale! This portfolio features two well-maintained buildings with three high-performing units, combining stable commercial retail with high-demand multi-family residential space.
Portfolio Breakdown
144 N Bridge (Commercial): Currently housing a newly-opened wine tasting business, this building has seen extensive infrastructure updates, including new electrical (2024), water heater (2024), and bathroom, plumbing and numerous cosmetic renovations in the last 2 years.
140 N Bridge (Apt 1): A spacious residential unit featuring 2 bedrooms and 1 car attached garage, recently updated with a new water heater (2025) and toilet (2024).
140.5 N Bridge (Apt 2): A premier residential unit featuring 3 bedrooms and a 2-car detached garage with newer roof (2024), new windows (2024), and full kitchen/bath updates in 2023
Investment Highlights
Value-Add Potential: Current rents are below market value, providing immediate opportunity to increase ROI as leases expire.
 Turnkey Infrastructure: Over $50,000 in recent capital improvements across all units, including roofing, HVAC (water heaters), water treatment system in the residential rentals. and interior finishes, significantly reducing future CapEx.
Superior Amenities: Unlike standard downtown lots, this property offers ample parking and dedicated green space for tenant recreation and play.
Prime Connectivity: Centrally located with rapid access to major expressways, railways and regional commerce hubs..
High-upside investment in an ideal location!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
429 SF
Building Class
C
Year Built
1900
Price
$314,900
Price Per SF
$734.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.26 AC
Zoning
B-2
Frontage
38’ on N Bridge St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Clipped Up Hair Salon
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Clipped Up Hair Salon Services - - -

Property Taxes

Property Taxes

Parcel Number
081-000-621-091-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$59,600
  • Listing ID: 39794400

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 140 N Bridge St, Dimondale, MI 48821

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