1327 Dix HwyLincoln Park, MI 48146
- Bars
- 1,640 SF
Property Details for 1327 Dix Hwy
- Year built
- 1949
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.20 AC
- Property size (Sq ft)
- 1,640 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 45 005 02 0354 003
- APU
- 45005020354003
Description
This exceptional 1,800 square foot retail space is available for lease at 1327 Dix Highway in Lincoln Park, Michigan. Located in Wayne County, this single-tenant property presents a fantastic opportunity for a variety of businesses. The entire building is currently vacant, offering immediate occupancy for a new tenant. The property's address is conveniently situated on Dix Highway, providing excellent visibility and accessibility for customers. The building's total square footage is 1,800 square feet, offering ample space for retail operations, storage, and office areas. The property type is classified as retail commercial, making it ideal for businesses seeking high-traffic locations. This is a single-tenant space, ensuring exclusive use of the entire building. The property's location in Lincoln Park, Michigan, offers access to a thriving community and a strong customer base. This prime retail location provides a unique opportunity for businesses to establish a strong presence in a busy commercial area. The property is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional retail space. The zip code for this property is 48146.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $501,411
- 6.5%
- $462,841
- 7%
- $429,781
-
Comparable approach
- Method
- Valuation
- Relative Method
- $386,582
- Geo Method
- $386,582
-
Alternative Use
- Use
- Valuation
- Residential
- $390,424
- Hospitality
- $357,626
- Educational
- $297,541
- Medical
- $307,774
- Retail
- $462,841
Location Insight
- City
- Lincoln Park
- County
- Wayne
- State
- Michigan
- Latitude
- 42.2628
- Longitude
- -83.1864
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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