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33666320
33666334

585 Southfield Road, Lincoln Park, MI 48146

Epique Realty
Listed by Epique Realty
$364,900
128 days on market
Updated 3 days ago

585 Southfield Road

Details
APN 45008030028001
Property Type Land
Sub Type Commercial
Square Footage 3,450
NOI $42,640
Year Built 1926
Acreage 0.050

Land | 0.05 acres

Marketing description

mixed-use investment opportunity in the heart of Lincoln Park is generating $49200 annual income! This well-maintained building features three residential rental units plus a storefront currently leased to a tobacco shop, providing immediate income from day one. The two upper units have been recently renovated and offer modern updates including new windows, updated kitchens and bathrooms, and split AC units. The property features a balcony adding convenience and appeal for tenants or short-term guests. Two of the units offer two bedrooms, one full bathroom, a spacious living room, dining room, and kitchen. The third unit includes one bedroom, one full bathroom, living room, dining room, and kitchen — ideal for a variety of rental options. With strong rental demand and flexible layout, the upper units have excellent potential to generate high income as short-term rentals such as Airbnb. Located in Lincoln Park, an area currently booming with new investors and redevelopment activity, this property presents a rare opportunity for both steady cash flow and long-term appreciation. Perfect for investors looking to expand their portfolio with a turnkey, income-producing property. BATVAI
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Listing Contacts

Epique Realty
Listed by Epique Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$42,640.00
$3,553.33/mo

Valuation Metrics

0
DSCR
11.69%
Cap Rate
11.69%
ROI

Map

Zoning

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MBD CommercialSpecial CommercialMunicipal Business District
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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