4222 Drouillard St - Apartments FOR SALE


Lincoln Park, MI 48146
$1,100,000 USD
313-203-8209
4222 Drouillard St, Lincoln Park, MI for Sale
$1,100,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

4222 Drouillard St
Lincoln Park, MI 48146


HIGHLIGHTS

  • Approximately 7,133 square feet of total building area on a single parcel.
  • Currently configured with 36 bedrooms, enabling flexible use scenarios.
  • Positioned within Lincoln Park’s central district with established infrastructure.
  • Proximity to major routes including I-75 for efficient regional access.
  • Nearby retail corridors and municipal amenities support tenant or guest needs.
  • Offered at $1,100,000, presenting an adaptable investment opportunity.

OVERVIEW

Located in Lincoln Park, this 7,133-square-foot commercial property presents a versatile opportunity for investors or owner-users seeking an adaptable building in a well-positioned Downriver community. Offered at $1,100,000, the property encompasses a substantial footprint that can support a range of business uses, including potential multifamily, lodging-related operations, or specialized commercial services. The site benefits from convenient access to major arteries such as I-75 and Southfield Road, allowing seamless connectivity to Detroit's central business district as well as the broader metro area. Its location within an established neighborhood ensures visibility and proximity to a steady population base, while being near local retail, dining, and essential services enhances operational potential for tenant or owner-driven uses. With 36 bedrooms noted in current data, the property could lend itself to residential-style accommodations, care facilities, or other multi-occupancy models, subject to zoning allowances. Extensive interior square footage offers flexibility for customized layouts or renovations to meet a specific business vision. This offering stands out for its manageable size, adaptable structure, and location within a market experiencing consistent demand across multiple commercial and residential segments.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$506 USD /SF

# OF UNITS

12

PRICE/UNIT

$91,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

-

APN/PARCEL ID

45-021-08-0180-002

ASK ABOUT THIS PROPERTY

Dave AbdallahCentury 21 Curran & OberskiMore Info
313-203-8209

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

Dave AbdallahCentury 21 Curran & OberskiMore Info
313-203-8209

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