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Remodeled Four-Unit Retail Property
For Sale
Contact for pricing
Pending

2420 Fort Park Blvd, Lincoln Park, MI 48146

Four separately metered spaces provide independent access and flexible storefront configuration.

Property SizeContact for details
Days on Market145

Property Features for 2420 Fort Park Blvd

General Information

Standard status Pending
Property subtype Retail

Additional Details

Cap Rate 12%
Utilities to Site Yes

Amenities

single car garage/storage

Building Details

Tenancy Multi
Listing Agency: Waisons Realty
Listed By: Omar Alghaiti · License #433317
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:32PM

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 Waisons Realty

Investment Insights

Based on property information with market context.

Located at 2420 Fort Park Blvd in Lincoln Park, this remodeled retail property contains four commercial units. Each unit has its own meter and entrance, creating clearly separated spaces within the building. The improvements include interior and exterior remodeling, along with a single-car garage and storage area at the rear.

On-site parking and street parking are available. The property is near Lincoln Park Middle School and Lincoln Park High School, with City Hall, police, and fire facilities located down the street. The listing reports a 12% cap rate.

Key Highlights

  • Four commercial units with separate meters and entrances
  • Interior and exterior remodeling completed
  • 12% cap rate

Property Analytics

Current Use

M & D BEAUTY ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Skin Care Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Groceries 22% Shops & Services 22% Electronics 1%
Tim Hortons Dining
21,231 visits/mo 0.4 miles
Aldi Groceries
18,061 visits/mo 0.5 miles
Taco Bell Dining
14,847 visits/mo 0.5 miles
White Castle Dining
13,506 visits/mo 0.3 miles
Save-A-Lot Groceries
8,574 visits/mo 0.5 miles

Demographics for 48146, MI

40,245
Population
15,874
Households
2.5
Avg Household Size
37
Median Age
11%
College-Educated
81%
High-School Grad
5.8 sq mi
ZIP Area
6,939
Density / Sq Mi
$57,183
Median Household Income
$36,886
Median Earnings
$972
Median Rent
$117,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Four separately metered spaces provide independent access and flexible storefront configuration.
Where is this retail space located?
The property is located at 2420 Fort Park Blvd Lincoln Park, MI.
What are key features of this property?
This property features: Four commercial units with separate meters and entrances; Interior and exterior remodeling completed; 12% cap rate
More about this property
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