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Financial
Distress signals
Property profile

1660 Fort St Lincoln Park, MI 48146

FOR LEASE
Bars & Pubs
Property ID
US43-5204390
5,700 SF 0.14 ac lot Built 2002
Last sale Aug 2023 · $400,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial kitchen property contains approximately 5,700 square feet and features a 2024 remodeled interior alongside an established food-service layout. The space includes a front-of-house area with seating and service zones, a substantial wood bar, a dedicated kitchen with a commercial exhaust hood and cooking line, stainless-steel preparation areas, sinks, warewashing stations, pass-through service areas, and built-in shelving and storage. Additional components include draft-beverage…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$13k
Tax billed · 2019
Assessed value · 2024$189k
Effective rate6.67%

Value estimate

· Oct 2026
$410k
$369k – $451k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI · 590.18% cap applied$30k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 300 recorded sales of this use type
Observed band · Q1–Q3$63 – $165
Qualifying comparables7

Cap rate analysis

How does the asset earn?
590.18%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.2
Law Firm20.3
Spa & Massage13.7

Location

1660 Fort St Lincoln Park, MI 48146
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1414 Dix, Lincoln Park, MI 48146-1402 $228,000 Mar 2025 3,400 SF
2568 Dix, Lincoln Park, MI 48146-2511 $450,000 Nov 2024 3,260 SF
1568 Dix, Lincoln Park, MI 48146-1400 $550,000 Jun 2024 6,064 SF
4111 Ft, Lincoln Park, MI 48146-4112 $400,000 Feb 2024 5,950 SF
2420 Ft Park, Lincoln Park, MI 48146-2344 $225,000 Feb 2024 3,300 SF
3115 Ft, Lincoln Park, MI 48146-3601 $169,000 Jan 2024 3,160 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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