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2070 Fort St 7,336 SF Vacant Retail Building Lincoln Park, MI 48146 $499,000 ($68.02/SF)
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,336 SF
Building Class
C
Year Built
1942
Price
$499,000
Price Per SF
$68.02
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.20
Lot Size
0.14 AC
Zoning
CBD - Central Business District
Parking
6 Spaces (0.82 Spaces per 1,000 SF Leased)
Frontage
43’ on Fort St
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 3,750 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,750 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 3,750 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 45-009-08-0011-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $123,700 |
PROPERTY TAXES
Parcel Number
45-009-08-0011-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$123,700
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Presented by
Nick Jaafar
2070 Fort St
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