Lincoln Park Commercial
3168 Fort St Lincoln Park, MI 48146
For Sale
$350,000
High-visibility commercial building in Lincoln Park with ample parking.
Property Size3,200 SF
Price / SF$109.38
Days on Market94
Property Features for 3168 Fort St
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1952
Listing Agency:
Emmanuel Realty LLC
(734) 560-0558
Listed By:
Beverly L Schanley · License #6501349751
(734) 560-0558
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 5:02AM
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 Emmanuel Realty LLC
Investment Insights
Based on property information with market context.
Located along the high-visibility Fort Street corridor in Lincoln Park, this commercial property at 3160 & 3168 Fort St offers a prime commercial opportunity. The approximately 3,200 sq ft building is zoned 201 Commercial, providing flexibility for various retail, service, or office uses. A large, newly refinished parking lot offers ample on-site parking for customers and staff. The property also features one bay door, suitable for deliveries, storage, or light service operations. Positioned on a high-traffic thoroughfare, the property benefits from strong daily traffic counts and excellent street exposure. It provides convenient access to major roadways and is surrounded by established businesses and residential neighborhoods. Immediate possession is available, presenting an excellent opportunity for an owner-user or investor seeking a well-located commercial asset in the Downriver market. The location is considered very walkable with a walk score of 73 and bikeable with a bike score of 51.
Key Highlights
- High‑visibility location on Fort Street with strong daily traffic counts.
- Approximately 3,200 sq ft commercial building zoned 201 Commercial, offering flexible use.
- Large, newly refinished parking lot providing ample on‑site parking.
Financial Insights For Retail
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 | $46.1k | $14.40 |
| − Vacancy | −$2.8k | −$0.86 |
| EGI | $43.3k | $13.54 |
| − OpEx | −$13.0k | −$4.06 |
| NOI | $30.3k | $9.48 |
3,200 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$433.2K
$379.0K – $505.4K
NOI $30,321 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$592.5K
$518.4K – $691.2K
NOI $41,472 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
AM Professional Waterproofers
Hardware & Home Improvement
Similar Off Market Nearby
- Thrifty Florist — 3421 Dix Hwy, Lincoln Park, MI 48160
FAQs
What type of property is this?
Storefront property - High-visibility commercial building in Lincoln Park with ample parking.
Where is this storefront property located?
The property is located at 3168 Fort St Lincoln Park, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: High‑visibility location on Fort Street with strong daily traffic counts.; Approximately 3,200 sq ft commercial building zoned 201 Commercial, offering flexible use.; Large, newly refinished parking lot providing ample on‑site parking.
