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    Lyons, MI
    Residential Income

    Lyons, MI Residential Income Properties for Sale

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    Muir, MI Ionia, MI Portland, MI
    Unique Mixed-Use Building in Lyons
    Updated: Jun 28, 2016
    Unique Mixed-Use Building in Lyons

    56495 Grand River, Lyons, MI 48165

    $2,150,000
    15,200 sqft
    20,000 sq ft building with residential component including bedrooms, bathrooms, two commercial kitchens, and a commercial dining room.
    Zoning permits office, flex, residential, or industrial use.
    Rare outside storage offering.
    Impeccably maintained warehouse.
    Unique creative workspace suitable for a company.
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    This listing looks promising.

    Here's a quick look at some key insights for

    56495 Grand River, Lyons, MI 48165

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $154K
      Annual

    • Price @ 7% Cap

      $2.2M
      Above asking

    • Property Type

      Manufacturing (Light)
      Built 1948
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lyons, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Live/Work Property
    Mixed-Use Live/Work Property

    7300 Pontiac Trail, South Lyon, MI 48178

    $350,000
    6,138 sqft · 1.16 AC lot

    Combination of a commercial building and a 2-bedroom, 2-bath home on 1.16 acres in South Lyon.

    View details
    South Lyon Duplex Investment Opportunity
    South Lyon Duplex Investment Opportunity

    22174 Brookfield Dr, South Lyon, MI 48178

    $499,000

    Newer construction duplex in South Lyon, ideal for investors.

    View details
    Downtown Mixed-Use Building with Parking
    Downtown Mixed-Use Building with Parking

    206 E Liberty Street, Milford, MI 48381

    $1,095,000
    4,859 sqft

    Mixed-use property with office space and two residential units, supported by a private parking lot.

    View details
    1.71 Acre Office Zoned Property
    1.71 Acre Office Zoned Property

    815 N. Milford Milford, Milford, MI 48381

    $700,000
    1.71 AC lot

    1.71 acre office-zoned property suitable for mixed-use development.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in New Hudson, MI
    Land in New Hudson, MI

    56000 Pontiac Trail, New Hudson, MI 48165

    $1,875,000
    11.09 AC lot

    Land for sale in New Hudson, Michigan.

    View details
    South Lyon Multi-Family Zoned Land
    South Lyon Multi-Family Zoned Land

    27491 Pontiac Trail, South Lyon, MI 48178

    $595,000
    3.30 AC lot

    3.30 acre multi-family zoned build-site in South Lyon, MI.

    View details
    South Lyon Multi-Family Zoned Land
    South Lyon Multi-Family Zoned Land

    27487 Pontiac Trail, South Lyon, MI 48178

    $945,000
    5.50 AC lot

    5.5 acres in Lyon Township with South Lyon Schools.

    View details
    Residential Land in Novi, MI
    Residential Land in Novi, MI

    26800 Napier Road, Novi, MI 48374

    $295,000
    5.00 AC lot

    5-acre residential zoned land parcel in Novi, South Lyon Schools.

    View details

    Lyons, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Lyons, MI on our real estate platform. These investment opportunities span a total of 15,200 square feet of properties for sale, with an estimated market value of $2,150,000.

    Sale prices for residential income properties in Lyons, MI start at $2,150,000, averaging $2,150,000, and reaching up to $2,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,310
    Population Growth (5Y) +7.6%
    Median Household Income $64,271
    College Educated 19.6%

    High-Yield Neighborhoods for Investment

    Identify Lyons submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    New Hudson - 48165 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Property Tax per SF $66.96 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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