Active

140 Bridge St 144 Bridge St

140 Bridge St, 144-144.5 Bridge St, Dimondale, MI 48821

1 / 8

Overview

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

  • 140 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.
  • 144 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).
  • 144.5 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!

For Sale

Multifamily
Retail
Sale Price
$304,900
Price Per SF
$88.94/SF
Building Size
3,428 SF
Acres
0.2516 ac
Zoning
B-2
Zoning Desc.
Village Commercial
Floors
2
Year Built
1900
Parking Spaces
6
Nearest MSA
Lansing/East Lansing
Tax ID Number
081-000-621-091-00
Property Use Type
Investment
Property Status
Existing
Avg. Occupancy
100%
Ceiling Height
9'
Nearest Interstate
I-96, 1-69 - 1.5 mi
Nearest Airport
Capitol Regional International
County
Eaton
Listed
03/13/2026
Updated
05/08/2026
Listing ID
161f24f5
Parcel APN
08100062109100