3475 Ft St, Lincoln Park, MI 48146-3628
This exceptional mixed-use property, located at 3475 Fort Street in Lincoln Park, Michigan, presents a unique investment or owner-user opportunity. The building, constructed in 1941, boasts a substantial 4,144 square feet situated on a 0.11-acre lot. Its zoning is designated B-1, allowing for a variety of commercial uses. The asking price is $215,000, translating to a price per square foot of $51.88. Currently configured as a mixed-use space, the property includes two one-bedroom residential units upstairs and retail space on the first floor. This prime location on heavily traveled Fort Street offers excellent visibility and accessibility, making it an ideal choice for a savvy investor seeking strong rental income or a business owner looking for a unique space to operate from. The building's age presents potential for renovation and value enhancement, aligning with the current market demand for updated mixed-use properties in this area. This is a rare opportunity to acquire a well-positioned mixed-use building in a thriving Michigan community. The property's versatility and location make it a compelling investment prospect with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.