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






