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Jenn Smart

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131 E Main , Vernon, MI 48476
$495,000
Est. Payment: $2,579.51/mo
0 Bed
0 Bath
7072 Sqft
Status: active | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Welcome to an exceptional investment opportunity in the heart of charming downtown Vernon, Michigan! This unique offering includes both 131 E. Main Street, home of the popular Main Street Crafters Retreat and Hall, and the adjacent 127 E. Main Street, a beautifully updated 3-bedroom single-family residence featuring new luxury vinyl plank flooring and fresh paint throughout. Together, these properties create the perfect live-work lifestyle for an entrepreneurial owner/operator. Imagine living just steps away in the comfortable, move-in-ready home while managing and growing the thriving retreat and event business next door - a rare and ideal combination. The Main Street Crafters Retreat and Hall has become a sought-after destination for weddings, family celebrations, crafting enthusiasts, retreats, and various community events. The facility features expansive gathering and creative spaces, multiple bedrooms for overnight accommodations, and a fully equipped kitchen, making it perfectly suited for hosting groups of all sizes. Whether continuing its current success and serving the loyal patronage who return annually, or bringing your own event space vision to life, the possibilities here are nearly endless. Meticulous attention to detail has been the focal point of the current owners as they have updated the space to include new vinyl plank flooring and a fresh new interior appearance in the event spaces. Adding even more value, the property at 127 E. Main Street includes an approximately 500-square-foot retail storefront that is currently leased, providing immediate rental income while you enjoy the convenience of living on-site. Combining an established business, income-producing real estate, owner-occupied living potential, and a picturesque small town Main Street setting, this is truly a one-of-a-kind opportunity to invest in both a lifestyle and a thriving enterprise. Future uses subject to local approvals, split may be possible with new well added.

Highlights

Listed by Nathan Oake , 734-845-0680 Griffith Realty , 810-227-1016. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.24

Year Built

19

County

Shiawassee

Area

Vernon Twp (78015)

Neighborhood

Original Of Vernon Village

Listing ID

61004853

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:7072
Water:Private Well

Exterior Features

Lot Dimensions:146 x 92 x 120 x 132
Zoning:Mixed Use,Commercial,Residential
Roof:Asphalt,Metal
Others:
  • Additional:Security Lighting
Principal Interest
$2,580
Taxes
$369

Home Price

$495,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$99,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,579.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,579.51 $369.25 $0.00 $2,948.76
Yearly $30,954.17 $4,431.00 $0.00 $35,385.17
Total $928,624.99 $132,930.00 $0.00 $1,061,554.99
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Vernon, 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.

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Data last updated: 2026-09-02T07:12:09.900Z

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