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$449,000
1 Day On Site

4915 Hedgewood Drive
MidlandCity_Midland, MI 48640

For Sale|Single Family Residence|Active
5
Beds
1
Full Bath
2
Partial Baths
1,534
SqFt
$293
/SqFt
1978
Built
Subdivision:
HEDGEWOOD
County:
Midland

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1-248-228-6711
4915 Hedgewood Drive4915 Hedgewood Drive4915 Hedgewood Drive4915 Hedgewood Drive
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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!

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Listing Snapshot
Price 
$449,000
Days On Site 
1 Day
Bedrooms 
5
Inside Area (SqFt) 
1,534 sqft
Total Baths 
3
Full Baths 
1
Partial Baths 
2
Lot Size 
0.56 Acres
Year Built 
1978
MLS® Number 
61050170344
Status 
Active
Property Tax 
$4,187.53
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.56
Cross Street 
N Saginaw Road / Dublin Avenue
Disclosures 
Taxes Not Homestead Exempt
Parking 
Assigned
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1534
Stories 
One
Style 
Ranch
Water Source 
Public
Zoning 
Commercial
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central Air
Heating 
Forced AirNatural Gas
Interior 
High Speed Internet
BathFull 
Level - Main
BathLav 
Level - Main
Bedroom 1 
Dimensions - 17.0 x 14.0Level - Main
Bedroom 2 
Dimensions - 13.0 x 15.0Level - Main
Bedroom 3 
Dimensions - 10.0 x 12.0Level - Main
Bedroom 4 
Dimensions - 10.0 x 12.0Level - Main
Bedroom 5 
Dimensions - 10.0 x 12.0Level - Main
Kitchen 
Dimensions - 5.0 x 5.0Level - Main
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Exterior Features
Construction Details 
Wood Siding
Pool Features 
None
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area56122Midland
School District 
Midland
Schools
School District
Midland
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Modern Realty: 9042947883



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Neighborhood & Commute
Source: Walkscore
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