Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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