Prime Investment Opportunity in Lincoln Park! This high-visibility mixed-use property on Southfield Rd offers a projected gross annual income of $51,000 with low annual expenses of $9,300. The commercial storefront is leased for $1,500/month with 5 years remaining on the lease, while the residential units include a move-in ready 2-bedroom (projected at $1,000/month), a 1-bedroom being prepped for re-rental (projected at $800/month), and a 2-bedroom rented month-to-month at $1,000/month. Additional features include separate utilities for each unit, shared basement storage, and a history of passing annual city inspections. With solid income potential and manageable expenses, this is an outstanding opportunity for investors. Schedule your showing today!
Prime Commercial Building in High Traffic Location. This stand-alone, turnkey commercial property offers an unbeatable opportunity in a high-visibility area. Completely remodeled in 2023 with modern upgrades, this building is perfect for a wide range of businesses looking to establish or expand in one of Lincoln Park's busiest zones. Extensive renovations have transformed this property into a contemporary space with a versatile layout designed for business growth and operational efficiency. Recent renovations include a newly installed 30 year roof, new doors, energy efficient windows, modern HVAC system, upgraded electrical and plumbing, freshly poured concrete walkways, refreshed refacing of the building and exterior painting, and contemporary lighting fixtures both inside, outside and in basement. Spacious basement with new drop ceilings and lighting, ideal for additional storage or workspace. Three dedicated parking spaces and large lot for potentional expansion or extra parking. Located near I-75, offering excellent accesssibility in high traffic, high visibility area. Rare Municipal Business District zoning allows for a wide variety of business types with minimal additional approval. Perfect for retail, offices, service-oriented bussinesses, restaurants, or showrooms.
Prime Lincoln Park location! This stunning 8,000 SQFT building offers endless potential. Perfect for investors or developers. Don't miss this exceptional opportunity! PERFECT FOR GROUP HOMES OR MEDICAL CLINIC OR AN APARTMENT BUILDING. SELLER IS MOTIVATED. PROPERTY IS BEING SOLD AS IS. BATVI
Welcome to this prime location and very well established mechanic shop! 3 bays with room to add 2 additional bays. High 20 ft ceilings. 2 lifts (18 thousand lb lift and 10 thousand lb lift). All tools and machinery included. 14 parking spots. Lots of updates within the past 10 years. Large additonal storage space can be used for 2 additional bays or convert to collision shop/detail shop. Land Contract terms available. Call for details!
GREAT BUSINESS OPPORTUNITY IN A GREAT LOCATION...THERE ARE TWO UNITS. BOTH UNITS HAVE A FRONT DOOR AND BACK DOOR ENTRANCE. EACH UNIT HAS A WAITING ROOM AT THE FRONT ENTRANCE. PRIOR TO THE NEW OWNER ONE UNIT WAS USED FOR A MEDICAL OFFICE..WHICH HAS TEN EXAM ROOMS. COULD BE USED AS SALON SUITES. SOME OF THE ROOMS HAVE SINKS, GENERAL OFFICE BUSINESS, MEDICAL OFFICE ECT....THIS UNIT HAS BEEN UPDATED .... THE OTHER UNIT COULD BE USED FOR OFFICE SPACE OR COMBINE THE TWO UNITS....
Very unique Commercial building (office and warehouse space) attached to Home currently classified as rental (2 units / lower and upper). Great opportunity for investor to rent out business space and rent out home or business owner to operate business and live in lovely 2300 sq/ft home attached. Both home and business are up to code and current owner has obtained a C of O.
RARE BUSINESS OPPORTUNITY - 2 BUSINESSES IN ONE! THIS AUTO REPAIR SHOP CURRENTLY OPERATES WITH TWO LICENSES -- ONE FOR A MECHANIC SHOP AND ONE FOR A BODY SHOP. LOCATED IN A THRIVING BUSINESS DISTRICT WITH MAIN ROAD FRONTAGE ON FORT STREET IN LINCOLN PARK. TONS OF POTENTIAL FOR GROWTH! DON'T MISS OUT ON THIS RARE OPPORTUNITY. CALL US TODAY FOR MORE DETAILS. CALL AGENT TO SCHEDULE AN APPOINTMENT.
Great Location for your new business. Currently being used as a masonry business. easy access to all freeways and major shopping. Fenced yard with additional electric outlets outside, ton of parking in back of building. Roof is 2 years old. building has furnace, HWT and circuit breakers. Seller looking at all reasonable offers. No land contracts at this time.
Great commercial building with over 4200 sqft. This building features 3 private offices, a storefront, and a designated work area. There's a kitchenette and 2 bathrooms. There's over 4200 sqft in the basement for extra storage. 7 assigned parking spaces with additional parking on the street.
Great commercial building for sale, boasting 2 versatile units ideal for various uses, including tax preparation, salon services or a doctor's office. This building is situated in a desirable area offering an excellent opportunity for businesses seeking a strategic and attractive location. Buyers agent to verify all information. Lot size estimate from city of Lincoln Park
Wow .This is one time opportunity to own famous Henrys corned beef & ham restaurant. The best in the area.Good clientele and good income.This business has been a staple in the area for many years. Steady clientele,consistent sales,Good money maker.Excellent opportunity for an owner operator to purchase this business. Lease is $ 2000 per month ,and you can get as long as you want. Restaurant has 50 seats and good parking space.Owner willing to work with you for a month helping to learn everything in this business. Don't approach employees
The median home value in Lincoln Park, MI is $150,000. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Lincoln Park, MI is $150,000. Approximately 66.46% of Lincoln Park homes are owned, compared to 27.88% rented, while 5.66% are vacant. Lincoln Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lincoln Park real estate agent to arrange a tour today!
Lincoln Park, Michigan has a population of 39,741. Lincoln Park is more family-centric than the surrounding county with 27.33% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Lincoln Park, Michigan is $49,794. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Lincoln Park is 35.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 34.4 inches per year, with 34.4 inches of snow per year.