For Sale
$1,400,000
106 Lafayette St South Lyon, MI 48178
6,800 SF Storefront, $1.4M Asking
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 129
Highlights
- 6,800 SF retail building for sale in downtown South Lyon, MI.
- $1,400,000 purchase price.
- Two-tenant building with 5 and 8-year leases starting October 2024.
- $88,000 annual net operating income (NOI) with built-in rent increases.
- Completely renovated with new roof, HVAC, electrical system, and all city code compliance.
- Adjacent city-owned parking lot with free parking.
Property Details for 106 Lafayette St
- Property type
- Retail properties, Retail space
- Square Feet
- 6,800 SF
Location Insight
- City
- South Lyon
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4603014
- Longitude
- -83.6517549
106 Lafayette St, South Lyon, Michigan
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FAQs
- What type of property is this?
- Retail property - 6,800 SF Storefront, $1.4M Asking
- Where is the retail property located?
- The property is located at 106 Lafayette St South Lyon, MI.
- What is the asking price?
- The asking price for this property is $1,400,000.
- What are key features of this property?
- This property features: 6,800 SF retail building for sale in downtown South Lyon, MI.; $1,400,000 purchase price.; Two-tenant building with 5 and 8-year leases starting October 2024.
- How can I contact the broker?
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