140 N Bridge St

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!