Second-Floor Office
For Lease
$10 SF/Yr
131 N Lafayette St, South Lyon, MI 48178
Open commercial layout with two private entrances, a kitchenette, conference room, and dedicated restroom.
Space Size3,200 SF
Days on Market157
Property Features for 131 N Lafayette St
General Information
Standard status
Active
Size
3,200 SF
Net Rentable
3,200 SF
Property subtype
Office
Zoning
CBD
Space & Availability
Available Space
3,200 SF
Contiguous Space
3,200 SF
Floor
2
Space Use
Office
Sublease
No
Meeting Rooms
1
Amenities
private entrances
kitchenette
Listing Agency:
Gerdom Realty & Investment
Listed By:
Bill McLeod
(248) 242-6766
Source:
Cpix.resimplifi
Added: May 12
Changed: Sep 14
Last Checked: Oct 14 at 7:53PM
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 Gerdom Realty & Investment
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Investment Insights
Based on property information with market context.
This 3,200 SF office unit occupies the second floor and is configured for professional use. The space includes two private entrances, a large open floor plan, one bathroom, a kitchenette, and a conference room. The property is zoned CBD.
The building sits at the southwest corner of North Lafayette Street and Whipple Street in downtown South Lyon, Michigan. Its central setting provides an established downtown address for an office occupant, while the separate entrances offer direct access to the premises.
The building sits at the southwest corner of North Lafayette Street and Whipple Street in downtown South Lyon, Michigan. Its central setting provides an established downtown address for an office occupant, while the separate entrances offer direct access to the premises.
Key Highlights
- 3,200 SF of second‑floor office space
- Two private entrances provide direct access
- Large open floor plan for office use
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
Demographics for 48178, MI
36,858
Population
14,402
Households
2.6
Avg Household Size
42
Median Age
53%
College-Educated
98%
High-School Grad
48.0 sq mi
ZIP Area
768
Density / Sq Mi
$130,781
Median Household Income
$70,253
Median Earnings
$1,231
Median Rent
$392,300
Median Home Value
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Market
Lease Benchmarks for South Lyon, MI
$16.38 /SF/Yr
Avg Asking Price
$4.92–$27 /SF/Yr
Price Range
5,910 SF
Avg Space Size
This space is priced 39% below the average of $16.38 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Open commercial layout with two private entrances, a kitchenette, conference room, and dedicated restroom.
Where is this office units located?
The property is located at 131 N Lafayette St South Lyon, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,200 SF of second‑floor office space; Two private entrances provide direct access; Large open floor plan for office use
