For Sale
$439,000
4057 Dix Hwy Lincoln Park, MI 48146
High-yield investment, fully remodeled.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- $439,000 asking price for a 3,800 SF car wash and detail shop in Lincoln Park, MI.
- Mixed-use, special purpose property with a gross lease.
- Tenant-occupied with a remaining lease term of approximately 2.1 years (Lease Commencement 01/01/2027, Lease Expiration 01/01/2027).
- $115.53 price per square foot and an 11.39% cap rate.
- $50,000 Net Operating Income (NOI).
- Located at 4057 Dix Hwy, Lincoln Park, MI 48146, in a Commercial - MBD zoned area.
Property Details for 4057 Dix Hwy
- Property type
- Specialty properties, Mixed-use properties
- Square Feet
- 3,800 SF
Location Insight
- City
- Lincoln Park
- County
- Wayne
- State
- Michigan
- Latitude
- 42.224674556628
- Longitude
- -83.194272420115
Nearby Similar for Sale
FAQs
- What type of property is this?
- Specialty property - High-yield investment, fully remodeled.
- Where is the specialty property located?
- The property is located at 4057 Dix Hwy Lincoln Park, MI.
- What is the asking price?
- The asking price for this property is $439,000.
- What are key features of this property?
- This property features: $439,000 asking price for a 3,800 SF car wash and detail shop in Lincoln Park, MI.; Mixed-use, special purpose property with a gross lease.; Tenant-occupied with a remaining lease term of approximately 2.1 years (Lease Commencement 01/01/2027, Lease Expiration 01/01/2027).
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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