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Mixed-Use Building with Apartments
New
For Sale
$250,000

410 S Lincoln Ave, Lakeview, MI 48850

An occupied downtown property pairs street-facing commercial space with three apartments and rear parking access.

Property SizeContact for details
Days on Market5

Property Features for 410 S Lincoln Ave

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Additional Details

Mixed-Use Components retail, residential
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,616

Building Details

Year Built 1894
Buildings 1
Units 4
Listing Agency: Tad Ventures LLC
Listed By: Lane Leppink · License #6506041826
Source: Elliman
Added: Oct 28 Last Checked: Oct 30 at 4:40PM

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 Tad Ventures LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1894, this mixed-use building has one commercial space and three apartments. The commercial tenant occupies the lower level and faces S Lincoln Avenue; a separate apartment is also on that floor. Two additional apartments are upstairs, with shared stair access from the rear parking area. The property is currently fully occupied, and parking is provided for tenants behind the building.

Key Highlights

  • Four occupied spaces: one commercial tenant and three apartments
  • Street‑facing commercial space on S Lincoln Avenue
  • Two upstairs apartments share stair access from the rear parking area

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Hair Salon Parking Lot & Garage

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

100%
Occupancy

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An occupied downtown property pairs street-facing commercial space with three apartments and rear parking access.
Where is this mixed-use property located?
The property is located at 410 S Lincoln Ave Lakeview, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four occupied spaces: one commercial tenant and three apartments; Street‑facing commercial space on S Lincoln Avenue; Two upstairs apartments share stair access from the rear parking area
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