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    264-304 N Lafayette St South Lyon, MI 48178

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    For Lease
    Contact for pricing

    Retail space with kitchen infrastructure in walkable downtown location.

    Property size:
    6,575 SF
    Lot size:
    6,575 SF

    Property Features for 264-304 N Lafayette St

    General Information

    Size
    6,575 SF

    Source: Aiden Bracken Agent Aiden Bracken

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Kitchen Infrastructure

    This retail space offers approximately 1,200 square feet and includes existing kitchen infrastructure. The property is zoned B-1, accommodating a wide range of commercial uses. It features 99 feet of frontage on N Lafayette Street, along with 30 surface parking spaces, which translates to a ratio of 5.18 spaces per 1,000 square feet. The location benefits from high visibility on N Lafayette Street at the corner of Lafayette and Detroit Street, with a daily traffic volume exceeding 15,000 vehicles. Situated in a walkable downtown area, the property is surrounded by established neighborhood businesses and offers convenient access to 10 Mile Road and the I-96 Corridor.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6511471
    Latitude
    42.4623068

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    FAQs

    What type of property is this?
    Retail space - Retail space with kitchen infrastructure in walkable downtown location.
    Where is this retail space located?
    The property is located at 264-304 N Lafayette St South Lyon, MI.
    What are key features of this property?
    This property features: - High traffic location with over 15,000 vehicles per day.; - 30 surface parking spaces.; - Kitchen infrastructure in place.
    (248) 351-4380
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    South Lyon, MI 48178
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    264-304 N Lafayette St South Lyon, MI 48178
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