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Mixed-Use Retail and Residential Building

585 Southfield Road Lincoln Park, MI 48146

585 Southfield Road, Lincoln Park, MI, 48146
$364,900
For Sale
$364,900

A three-unit residential building with a leased storefront and recently renovated upper units.

Days on Market140

Property Features for 585 Southfield Road

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1926
Listing agency Epique Realty
Listed by Mohammed Almahdi
Source Homesforsaleinmich
Added: Mar 4 Updated: Jul 22 at 7:53AM Checked: Jul 22 at 7:53AM

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 Epique Realty


Investment Insights

Based on property information with market context.

This well-maintained mixed-use building includes three residential rental units plus a storefront currently leased to a tobacco shop. The two upper units have been recently renovated and feature new windows, updated kitchens and bathrooms, and split AC units. Each upper unit offers a two-bedroom, one-bath layout with a spacious living room, dining room, and kitchen. The third unit includes one bedroom, one full bathroom, along with a living room, dining room, and kitchen. A balcony adds an outdoor element for residents.

The property is offered for sale in Lincoln Park, MI and is described as generating annual income. The listing also notes strong rental demand and the possibility of short-term rental use for the upper units.

With residential units above and retail space at the ground level, the building provides a combined income profile under one ownership.

Key Highlights

  • 1926‑built mixed‑use property with 3 residential rental units plus a storefront leased to a tobacco shop
  • Generates $49,200 in annual income (per public remarks)
  • Two upper units recently renovated with new windows, updated kitchens and bathrooms, and split AC units

Property Analytics

Location Intelligence

Current Use by Public Records

Smokey js (Bike/Boat/Book/etc) Store ATM Atm

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Daycare Center Restaurant Hair Salon Cafe & Coffee Shop Gym & Fitness Center Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - A three-unit residential building with a leased storefront and recently renovated upper units.
Where is this triplex located?
The property is located at 585 Southfield Road Lincoln Park, MI.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: 1926‑built mixed‑use property with 3 residential rental units plus a storefront leased to a tobacco shop; Generates $49,200 in annual income (per public remarks); Two upper units recently renovated with new windows, updated kitchens and bathrooms, and split AC units
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