Property profile

2221-2225 Fort St Lincoln Park, MI 48146

OFF-MARKET
Retail properties & Spaces
3,000 SF Built 1920
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Property summary

AI-generated overview

This exceptional 3,000 square foot commercial property, located at 2221-2225 Fort Street in Lincoln Park, Michigan, presents a compelling investment opportunity. Built in 1920, the building is zoned for Neighborhood Business use, offering versatility for a range of commercial ventures. The asking price is $125,000, translating to a land value of $41.67 per square foot. Situated on a heavily traveled section of Fort Street, this property boasts excellent visibility and accessibility, ensuring high foot traffic and brand exposure. Its central location places it in close proximity to numerous regional and national retailers, further enhancing its appeal and potential for success. The property's existing structure provides a solid foundation for immediate occupancy or a value-add renovation project, catering to the needs of a diverse clientele. The property's location within a densely populated area guarantees a substantial customer base. The Wayne County address, with a zip code of 48146, and the APN 45-009-04-0050-000, provide convenient identification for interested parties. This property is ideal for businesses seeking a high-visibility location in a thriving commercial district. The executive office subtype offers a unique opportunity for a professional setting within a bustling retail environment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920
Total area 3,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2221-2225 Fort St Lincoln Park, MI 48146
Lincoln Park metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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