2070 Fort St - Storefront Retail/Residential FOR SALE


Lincoln Park, MI 48146
$525,000 USD
313-706-7011
2070 Fort St, Lincoln Park, MI for Sale
$525,000 USD
Storefront Retail/Residential - FOR SALE
1/57
null | Request Cap Rate

2070 Fort St
Lincoln Park, MI 48146


OVERVIEW

Extremely rare investment opportunity. A mixed-use building featuring 5-unit apartment, as well as a first floor 3,700 square foot commercial space and 3,700 square foot basement. The apartments are fully occupied, bringing in $4,400 a month. The first floor will bring additional $2,000 plus per month once occupied, bringing the total income to over $80,000. Recently renovated, perfect for owner user/operator or strict investor. Land contract terms are possible! All measurements are approximate agent to verify.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CBD

APN/PARCEL ID

45-009-08-0011-000

ASK ABOUT THIS PROPERTY

Nick JaafarNick JaafarMore Info
313-706-7011

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Nick JaafarNick JaafarMore Info
313-706-7011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.