For Sale
$165,000

130 Paw Paw St Lawrence, MI 49064

Retail Space + Apartment Income

Overview

Added:
Feb 3
Days on market:
74
This historically remodeled building at 130 N Paw Paw Street in downtown Lawrence, MI, presents a unique investment opportunity. The property encompasses 2,523 square feet on a 0.1-acre lot and is offered at $165,000. The main level features 1,450 square feet of retail space, ideal for a variety of businesses. Key features of the retail space include a walk-in cooler, central air conditioning, ample off-street parking, and large windows providing excellent natural light. The building's strategic downtown location ensures high visibility and accessibility. Adding to its appeal, the purchase includes a fully remodeled upper level, currently occupied by a tenant. This two-bedroom apartment provides a significant source of supplemental income, enhancing the overall return on investment. The combination of a well-appointed commercial space and a consistently rented residential unit makes this property an attractive proposition for investors seeking a blend of immediate income and long-term growth potential in a thriving downtown area. The building's historical charm, coupled with modern updates, creates a distinctive and desirable property. This is a rare chance to acquire a versatile commercial property with immediate income generation capabilities in the heart of Lawrence.

Property Details for 130 Paw Paw St

Property type
Commercial real estate
Square Feet
2,523 SF
Year Built
1935
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Lawrence
County
Van Buren
State
Michigan
Latitude
42.21986
Longitude
-86.051
130 Paw Paw St, Lawrence, Michigan

FAQs

What type of property is this?
Commercial real estate - Retail Space + Apartment Income
Where is the commercial real estate located?
The property is located at 130 Paw Paw St Lawrence, MI.
What is the asking price?
The asking price for this property is $165,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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130 Paw Paw St
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