Downtown South Lyon

Retail-Commercial for Sale
Catylist Listing ID: 30379298
Property Subtypes: Free-Standing Building
Building Size (RSF): 9,137 SF
Gross Land Area: 31,563 SF
Sale Price: $1,550,000
Unit Price: $169.64 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Health Styles
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/30/2019

Overview / Comments

Well kept stand alone building in Downtown South Lyon with great parking and high visibility and traffic count.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Taxing Authority: City of South Lyon
Tax ID/APN: 21 29 105 001,002,&018
Retail Clientele: General, Business
Property Located Between: Lake St and McHattie St.
Property Visibility: Excellent
Largest Nearby Street: Pontiac Trail & 10 Mile
Feet of Frontage: 113
Highway Access: I-96-4 miles
Airports: Detroit Metro
Site Description: Stand alone building on 3 lots with plenty of parking and great visibility. Downtown South Lyon and in the DDA district overlay.
Area Description: SW corner of Oakland County. Busy Downtown area surrounded by residential and farm land.Great schools.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 9,137 SF
Property Condition: Excellent
Year Built: 1972
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 37
Parking Type: Surface
Parking Description: Hard surface. Multiple access.
Passenger Elevators: 1
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Cable
Interior Description: First floor (5937 SF) currently leased to a physical therapist. Second floor (3200 SF) is vacant. Both built out.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,602 26,131 47,856
Median Age: 38.42 40.53 40.43
Households: 3,933 9,982 18,404
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