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Multi-Tenant Office Building
For Sale
$525,000

228 S Lincoln Ave, Lakeview, MI 48850

Four suites include current vacancy and potential leaseback arrangements with the seller.

Property Size7,387 SF
Price / SF$71.07
Days on Market20

Property Features for 228 S Lincoln Ave

General Information

Standard status Active
Size 7,387 SF
Property subtype Office
Zoning C-1

Additional Details

Road Access Yes
Office Units 4
Property Use Office

Amenities

Power
Water
Sewer
Natural Gas

Building Details

Year Built 1987
Buildings 1
Building Size 7,387 SF
Tenancy Multi
Listing Agency: NAI Wisinski of West Michigan
Listed By: Kyle Kunst
Source: Carwm.resimplifi
Added: Oct 13 Changed: Oct 31 Last Checked: Oct 30 at 10:33AM

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 NAI Wisinski of West Michigan

Rey
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Investment Insights

Based on property information with market context.

This 7,387-square-foot office building, constructed in 1987, is arranged as four suites and zoned C-1. Suite A is vacant, while Suite C is scheduled to become available on January 1, 2027. The current owner may lease back Suites D and E.

The property is located at 228 S Lincoln Ave in Lakeview, Michigan, on the town’s downtown street.

Key Highlights

  • 7,387‑square‑foot office building with four suites
  • C‑1 zoning
  • Suite A is vacant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Lease Details

4
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 48850, MI

4,563
Population
1,973
Households
2.3
Avg Household Size
41
Median Age
14%
College-Educated
88%
High-School Grad
83.2 sq mi
ZIP Area
55
Density / Sq Mi
$65,064
Median Household Income
$41,473
Median Earnings
$665
Median Rent
$170,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Four suites include current vacancy and potential leaseback arrangements with the seller.
Where is this office building located?
The property is located at 228 S Lincoln Ave Lakeview, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 7,387‑square‑foot office building with four suites; C‑1 zoning; Suite A is vacant
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Includes: Price & PSF · Cap rate · Location · Zoning

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