Property summary
This exceptional 1,530 square foot storefront, located at 918 Dix Hwy in Lincoln Park, Michigan, presents a compelling investment opportunity. Situated on a 0.08-acre lot, this single-story, 1947-built building boasts excellent visibility on Dix Highway/Toledo Road, a major thoroughfare. Currently occupied by a salon with a 30-day vacate notice, the property offers immediate potential for a new tenant. Its history includes previous use as a bakery, demonstrating its versatility. The property is zoned for Municipal Business District use, allowing for a wide range of retail possibilities. Benefitting from its location within a dense residential neighborhood and proximity to national and regional retailers, this storefront enjoys high foot traffic and strong consumer base. The asking price is $125,000, making it an attractive entry point for investors seeking a well-located retail property in a thriving community. The property's APN is 45-004-03-0149-001. This is a rare opportunity to acquire a well-positioned retail space with significant upside potential. Don't miss out on this chance to own a piece of Lincoln Park's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Interior Design
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Nail Salon
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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