Listed by Colliers - Royal Oak/Detroit, Michigan
$1,650,000
106 S Lafayette Street
Details
Property Type Retail
Sub Type Storefront
Square Footage 6,800
Net Rentable (SqFt) 6,800
Lease Type NNN
Retail | 6,800 SqFt
Investment highlights
6,800 SF Retail Building Available for Sale in the Heart of Downtown South Lyon
Purchase Price: $1,650,000
Two Tenant Building with 5 and 8 Year Leases Commencing in October 2024
Current NOI +/- $ 108,186 with Annual Rent Increases
Building Has Been Completely Renovated with a New Roof, Split Electrical System, New HVAC, and All City Code Improvements Complete
City Parking Lot Adjacent to the Property with Free Parking
Listing Contacts
Listed by Colliers - Royal Oak/Detroit, Michigan
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
CBD CommercialCore CommercialCentral Business District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 64 uses
View all 64 uses Last updated Mar 16, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
