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    Tecumseh, MI
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    Clinton, MI Britton, MI Adrian, MI Tipton, MI Manchester, MI Saline, MI Onsted, MI Palmyra, MI
    Commercial Building with Apartment
    Updated: Apr 27
    Commercial Building with Apartment

    409 N Evans St, Tecumseh, MI 49286

    $279,900
    1,172 sqft
    Commercial building with high traffic exposure, 3 blocks from downtown Tecumseh.
    Includes a fully equipped beauty salon with five stations on the lower level.
    Features a 1,172 sq. ft., 2‑bedroom apartment on the second floor.
    Ideal for owner/operator to live and work on‑site.
    Apartment has a large eat‑in kitchen with natural light and creek view.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    409 N Evans St, Tecumseh, MI 49286

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $174K
      Suggested

    • Property Type

      Commercial (General)
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Tecumseh, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    5-Unit Apartment Building
    5-Unit Apartment Building

    2053 Abbott Avenue, Ann Arbor, MI 48103

    $799,000
    0.19 AC lot

    Brick construction, forced-air heating, and on-site laundry support this established residential income property.

    View details
    State Street Sanctuary Multifamily Property
    State Street Sanctuary Multifamily Property

    1309 S State St, Ann Arbor, MI 48104

    Contact for pricing
    2,030 sqft

    Historic 5-unit building near State Street, Ann Arbor.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    3987 W M 50 Highway, Tipton, MI 49287

    $249,900
    7,200 sqft 0.18 AC lot

    8-unit apartment building with forced-air heating, private water service, and a 1900 build date.

    View details
    Tipton 8-Unit Investment Property
    Tipton 8-Unit Investment Property

    Tipton, MI 49287

    $249,900
    0.18 AC lot

    8-unit investment property in Tipton, Michigan with easy commute.

    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
    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
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Off-Market Properties in Tecumseh, MI

    Consider similar Off-Market properties in Tecumseh, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1206 Russell Rd
    Multifamily properties

    1206 Russell Rd, Tecumseh, MI 49286

    Value Estimation by Request
    1,982 sqft 3.55 AC lot
    View details

    Tecumseh, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Tecumseh, MI on our real estate platform. These investment opportunities span a total of 1,172 square feet of properties for sale, with an estimated market value of $279,900.

    Sale prices for two-family homes in Tecumseh, MI average $279,900 — 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 14K
    Population Growth (5Y) -2.5%
    Median Household Income $73,054
    College Educated 34.7%

    High-Yield Neighborhoods for Investment

    Identify Tecumseh submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49286 $279.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.39%
    Property Tax per SF $70.83 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lenawee County

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