134 East Lake Street, South Lyon 48178
This property has been Sold!
02/03/2017 at $420,000
EXCELLENT INVESTMENT OPPORTUNITY! This 5,404 SF Building is for sale in the growing community of South Lyon. The site sits less than five miles south of I-96 and about six miles east of US-23. The building is located in the heart of downtown South Lyon with great visibility. Positioned on the southwest corner of East Lake Street and South Lafayette Street, this building sees an average of almost 15,000 vehicles per day. The first floor is leased to Nita Alexa Hair Salon, and generates $2,477 of revenue each month, and the second floor has been recently renovated and holds two apartments. The first apartment is 800 SF and the second is 1400 SF, and generate $1,800 of income each month. The landlord is local and ready to make a deal! NOI: $45,087 CAP: 9.52%
- 2 Story
- Above Grade SqFt
- School District
- South Lyon
- Summer Taxes
- Winter Taxes
- Total No. of Units
- Current Use
- South Lyon Craft Worx
- Comm. Office Space
- Commercial, Office
- Sub Property Type
- Forced Air, Natural Gas
Listing Video for 134 East Lake Street, South Lyon MI 48178
Listing Courtesy of Gri Homes For Today
Office Address 44725 Grand River Ave Ste 102
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED.
Listings last updated: . Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.
Our Michigan real estate agents can answer all of your questions about 134 East Lake Street, South Lyon MI 48178. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the South Lyon, Michigan real estate market. To sell or buy a home in South Lyon, Michigan, contact our real estate agents as we know the South Lyon, Michigan real estate market better than anyone with over 100 years of experience in South Lyon, Michigan real estate for sale.
The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Services. Real Estate listings held by brokerage firms other than Real Estate One includes the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Provided through Real Comp II. 2016 Real Comp II Ltd. shareholders.