918 Dix Hwy, Lincoln Park, MI 48146-1215
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.
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Detroit Tub Resurface & Reglaze Hardware & Home Improvement Interior Design
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The Princess Party Palace Nail Salon
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
No recorded transactions found for this property.
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.