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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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13434 M 40 , Gobles, MI 49055
$239,900
Est. Payment: $533.11/mo
0 Bed
2 Bath
1630 Sqft
Status: Active | Days on site: 90
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House Description

Excellent investment or owner-user opportunity with multiple income streams and flexible mixed-use potential. This well-maintained property features a fully operational 5-chair salon, a one-bedroom apartment, and a versatile pole barn with bay doors, dedicated office space, and ample storage/workshop area. Currently, 2 salon chairs are leased on a week-to-week basis at $120 per week per chair, while the apartment is rented month-to-month at $740/month, with estimated market rent potential of $850-$900/month. The pole barn is presently vacant but has historically generated up to $900/month in rental income. The pole barn is equipped with its own well and septic system separate from the main building, along with a full bathroom, heat, and central air, making it ideal for a variety of commercial or light industrial uses. The salon space also offers flexibility for conversion into professional office space, another small business venture, or even a second residential unit, subject to local approvals. Seller is open to negotiating the sale of the salon items as well. Whether you are an investor seeking strong income potential or an entrepreneur looking for a live/work setup, this property offers exceptional versatility and opportunity. (Redundant listing: 26024007)

Highlights

Listed by Greg S Miller , 269-743-4817 and Zach T Daniels , 269-443-1720 Berkshire Hathaway HomeServices MI , 269-344-8599.

Property Type

Commercial Sale

Lot/Acreage
1

Year Built

1975

County

Van Buren

School District

Gobles

Listing ID

26024012

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Water:Well

Exterior Features

Sewer:Septic Tank
Principal Interest
$533
Taxes
$401

Home Price

$239,900

Loan Details

30 yrs
%

Down Payment

20%
$47,980
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Monthly Price:
$533.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $533.11 $401.25 $0.00 $934.36
Yearly $6,397.33 $4,815.00 $0.00 $11,212.33
Total $191,920.00 $144,450.00 $0.00 $336,370.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Gobles, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.