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    Fair Haven, MI
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    Fair Haven, MI Apartment Buildings for Sale

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    Ira, MI New Baltimore, MI Casco, MI
    Renovated Restaurant/Bar with Apartments
    Updated: Sep 16, 2024
    Renovated Restaurant/Bar with Apartments

    Fair Haven, MI 48023

    $650,000
    5,974 sqft · 1.00 AC lot
    Fully renovated 5,974 sqft restaurant/bar with 100‑person capacity and liquor licenses
    Prime location on Dixie Highway across from Lake St. Clair with canal frontage on Swan Creek
    Three apartments included, with one generating $1,500/month in rental income
    Over an acre of land with ample parking and room for expansion
    Versatile zoning allows for various business types (gas station, liquor store, retail, office/medical, restaurant, storage)
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    This listing looks promising.

    Here's a quick look at some key insights for

    8874 Dixie Hwy, Ira, MI, Ira, MI 48023

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $589K
      Suggested

    • Property Type

      Residential (General/Single)
      Built 1948
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fair Haven, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mount Clemens Multifamily Investment Opportunity
    Mount Clemens Multifamily Investment Opportunity

    104 Grand Ave, Mount Clemens, MI 48043

    $239,900

    Fully occupied 5-unit building in Mount Clemens with long-term tenants.

    View details
    Multifamily Property with 36 Units
    Multifamily Property with 36 Units

    15405 E 11 Mile Rd, Roseville, MI 48066

    $3,050,704
    13,688 sqft

    36-unit multifamily property available for sale.

    View details
    Mixed-Use Building with Income Potential
    Mixed-Use Building with Income Potential

    26345 Gratiot Ave, Roseville, MI 48066

    $429,000
    6,624 sqft

    Mixed-use building featuring retail and residential units for sale.

    View details
    Mount Clemens Redevelopment Opportunity
    Mount Clemens Redevelopment Opportunity

    67 Cass Ave, Mount Clemens, MI 48043

    $1,250,000
    60,000 sqft · 1.23 AC lot

    Former Macomb Daily Building in downtown Mount Clemens for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

    Two-family home on a large lot with significant development potential.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Fair Haven, MI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Fair Haven, MI on our real estate platform. These investment opportunities span a total of 5,974 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for two-family homes in Fair Haven, MI start at $650,000, averaging $650,000, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,980
    Population Growth (5Y) -2.7%
    Median Household Income $79,345
    College Educated 30.7%

    Taxes & Financing

    Tax Rate (average for all types) 3.82%
    Property Tax per SF $91.81 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Clair County

    New Delisted

    Total CRE Inventory on Market (SF)

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