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    Investment properties

    173 Liberty St, Plymouth, MI 48170-1314

    2,439 SF 0.04 ac lot Built 1900
    Individually Owned 10-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1234286
    Property summary
    AI-generated overview

    This stunning, fully renovated 2-story executive office space at 173 W Liberty St in Plymouth, MI, offers 1,206 square feet of immediately available space within a 2,412 square foot building. Built in 1900 and completely renovated in 2024, this Class C building boasts high ceilings with new lighting, state-of-the-art mechanical and ventilation systems, and keyless entry. The property is 100% electrified for sustainability and features sound isolation in the floors with sound mats, ensuring a quiet and productive work environment. The second floor includes a private back patio. The building sits on a 1,742 square foot lot (0.04 acres) and includes 6 total parking spaces. Its B-1 zoning makes it ideal for a variety of professional uses, including law offices, service businesses, or even a yoga/pilates studio. This exceptional location in the Southern I-275 Corridor places it within easy reach of popular local establishments such as Red Ryder, Meridian Coffee, Hermanns Olde Towne Grille, and Salon 6. The property is located in Wayne County, Michigan, zip code 48170. This is a rare opportunity to lease a beautifully renovated historic building with modern amenities in a vibrant and convenient location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Total area 2,439 SF
    Lot 0.04 ac (1,742 SF)
    Zoning code B-1
    APN 49-005-03-0048-000
    UPID US43-1234286
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • East Elm Kitchen Co. Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    William E Schwartz · 10 yrs held
    William E Schwartz
    since 2016
    2 recorded transactions
    2023
    2016
    Zoning & alternative use
    B-1 · Plymouth, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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