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

410 S Lincoln Avenue, Lakeview, MI 48850

Commercial Sale, Lakeview, MI

Property Size4,224 SF
Lot Size0.11 Acres
Price / SF$59.19
Days on Market12

Property Features for 410 S Lincoln Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-1 Business
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4
Elementary school district Lakeview
Middle school district Lakeview
High school district Lakeview
Directions Downtown Lakeview
Standard status Active
APN 042-103-001-60
Size 4,224 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2026
Tax Description Lengthy Legal (See 'supplemental remarks'
Tax Annual Amount 1616
Legal Description Lengthy Legal (See 'supplemental remarks'

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Amenities

parking area

Building Details

Year built 1894
Floors in Building 2
Number of units 4
Roof type Rubber
Buildings 1
Listing Agency: Eagle Realty
Listed By: Lane Leppink
Added: Oct 15 Changed: Oct 26 Last Checked: Oct 26 at 5:06PM
MLS# 26056820

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 4,224-square-foot mixed-use property combines a street-facing commercial space with three apartments: one on the lower level and two upstairs. The upper apartments share stair access from the rear parking area, while the lower apartment has a separate rear entrance. Built in 1894, the building has forced-air heat, central air conditioning, and a rubber roof.

At 410 S Lincoln Avenue in Lakeview, the storefront faces Lincoln Avenue, and tenant parking is located behind the building. The property is fully occupied and includes one commercial tenant and three residential units.

Key Highlights

  • 4,224‑square‑foot mixed‑use building with one commercial space and three apartments
  • Fully occupied by one commercial tenant and three residential tenants
  • 0.11‑acre parcel in Lakeview

Property Analytics

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Current Use

Storefront properties

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

176
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 - A ground-floor storefront and three apartments share a fully occupied property with rear parking.
Where is this mixed-use property located?
The property is located at 410 S Lincoln Avenue 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: 4,224‑square‑foot mixed‑use building with one commercial space and three apartments; Fully occupied by one commercial tenant and three residential tenants; 0.11‑acre parcel in Lakeview
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