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    Mixed-Use Live/Work Building Title is generated by Realmo AI

    120 Tecumseh Street, Dundee, MI 48131

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    Street-level open space with kitchen and restroom, plus an upstairs apartment for flexible owner or rental use.

    Type:Multifamily, Office
    Property size:
    1,430 SF
    Price / SF:
    $195/SF
    Added:
    Oct 14, 2025
    Days on Market:
    257
    Last Refresh:
    Jun 20 at 8:57 am

    Property Features for 120 Tecumseh Street

    General Information

    Standard status
    Active
    Size
    1,430 SF
    Property subtype
    Multifamily, Office

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    Hiba Saad

    Listing office KW Commercial GR East

    Listing date Oct 14, 2025

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial GR East

    HighLights

    • Street‑level open space with kitchen and restroom in the Downtown Dundee area
    • Upstairs apartment provides flexible owner occupancy or rental income
    • Located in Downtown Dundee directly across from the City Square
    • Spacious main level offered as a customizable blank canvas for a business layout

    Overview

    This mixed-use live/work building offers a spacious, open main level designed as a customizable blank canvas for a business. The street level includes a kitchen and restroom to support everyday operations without requiring interior build-out from scratch. Upstairs, the property features an apartment that can be used for owner occupancy or rented out for additional income.

    Located in Downtown Dundee, the building sits directly across from the City Square. Its street-level presence supports visibility for commercial use, while the upstairs living unit provides a built-in second option for residents or tenants.

    For entrepreneurs or operators, the layout supports a range of street-facing business concepts, with the practical convenience of an on-level restroom and kitchen. For buyers seeking versatility, the combination of a commercial-ready main floor and an additional apartment allows one property to serve both workplace and living needs, or workplace and rental income, depending on how you structure the occupancy.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $34.3k $24.00
    − Vacancy −$3.4k −$2.40
    EGI $30.9k $21.60
    − OpEx −$11.6k −$8.10
    NOI $19.3k $13.50
    1,430 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $275.8K
    $241.3K – $321.8K (±1% cap)
    NOI $19,305 @ 7.0% cap · market cap 6.90%
    Second Best
    Office B
    $227.0K
    $198.7K – $264.9K (±1% cap)
    NOI $15,892 @ 7.0% cap · market cap 5.68%
    Theoretical Best
    Warehouse
    $1.47M
    $1.29M – $1.72M (±1% cap)
    NOI $103,240 @ 7.0% cap · market cap 36.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Dundee
    County
    Monroe
    State
    Michigan
    Longitude
    -83.659827
    Latitude
    41.957323

    FAQs

    What type of property is this?
    Live-work space - Street-level open space with kitchen and restroom, plus an upstairs apartment for flexible owner or rental use.
    Where is this live-work space located?
    The property is located at 120 Tecumseh Street Dundee, MI.
    What is the asking price?
    The asking price for this property is $279,700.
    What are key features of this property?
    This property features: Street‑level open space with kitchen and restroom in the Downtown Dundee area; Upstairs apartment provides flexible owner occupancy or rental income; Located in Downtown Dundee directly across from the City Square
    (313) 460-9171 Call to check price and availability
    More about this property
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