Property summary
This exceptional Class A flex building, located at 415 E Lake Street in South Lyon, Michigan, presents a compelling investment opportunity. Boasting 27,000 square feet of net rentable space across two single-story buildings, this property offers significant potential for a variety of uses. Constructed in 2006, the building features a 20-foot ceiling height, three dock-high doors, and ample parking. Situated on a 2.39-acre lot in Oakland County, the property benefits from its prime location, just blocks from downtown South Lyon, at a high-traffic intersection with excellent visibility. The permitted zoning is industrial, making it suitable for a range of businesses. Currently occupied by a hardware store (available for separate sale), this property is ideal for retail, food service, fitness, or flex space uses. The asking price is $3,500,000. The property's address is 415 E Lake St, South Lyon, MI 48178, and its APN is 80-21-20-326-015. This is a single-tenancy property with excellent exposure and access for clients.
Property profile
VerifiedCap rate & NOI
Current use
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Car Rental Facility
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Building Supply Hardware & Home Improvement
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
II · South Lyon, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for II in South Lyon, MI.
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