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405 & 345 N Lafayette Street South Lyon, MI $ 749,999
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$ 749,999 Get more info
405 & 345 N Lafayette Street
$ 749,999
Back to search
Share Save

405 & 345 N Lafayette Street

South Lyon, MI, 48178
$ 749,999
Bedrooms-- Baths2.0

Monthly Estimate*

$ 4,679

405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 1
405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 2
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405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 8
405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 9
405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 10
405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 11
405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 12
405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 13
405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 14
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405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 16

Commercial Property for sale in South Lyon, MI

for $749,999 with 2 full baths. This building was built in 1929 on a lot size of 3.13.

Prime Downtown South Lyon Opportunity: Two Homes on an expansive 3-acre parcel. Includes 345 & 405 N. Lafayette, with 188 feet on Lafayette (Pontiac Trail). Zoned CBD, offering flexibility for development in a vibrant urban center. Ideal for commercial or mixed-use projects, integrating retail with stylish apartments or lofts. This zoning promotes high-density developments, fostering a walkable, community-centric environment. Value lies in land potential capitalize on growth in this central locale. Important: Properties are tenant-occupied. Do not approach tenants or enter without permission. Seller will help buyers with a 3% concession to offset closing costs.

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Commercial Active

Price

$ 749,999

Full Bath

2

Property Type

Commercial

Taxes

$ 11,424

Style

Business

Lot Size

3.13

Year Built

1929

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

25013447
Features
General
Heating Forced Air
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected
Possession Subject To Tenant Rights
Construction Materials Other
Year Built 1929
Township South Lyon City
Property Subtype Business
Tax Year 2024
Ownership Private Owned
Business Type Other Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Retail Recreation
County Oakland
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
Directions Lafayette North of 10 mile
City South Lyon
High School District South Lyon
Zoning Description BI
Number Of Units Total 2
MLS Area Oakland County - 70
Lot Size Units Acres
Lot Size Square Feet 136343.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 11424.0
Lease Renewal Y/N N
MLS Area Minor Oakland County - 70
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 194610
Legal Description Buyer to confirm all information.
Senior Community None
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Exterior
Inclusions Other Real Estate
Lot Size Area 3.13
Number of Buildings 2
Spa N
Building Area Total 3569.0
Lot Dimensions 188*141*156*320*344*458
Lot Size Acres 3.13
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 859
Basement (Y/N) N
Heating Y/N Y
Total Baths 2
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Internal Only
Street Number 1 405345
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* Excluded Features
List By
Re/Max Platinum

Broker

rsherman@remaxplatinum.email

Email

Affordability Calculator

$5,631
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,679
Monthly Property Taxes
$952
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4428667 Elementary School
4428637 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/8/2025$749,999 -11.76% Price Down
4/4/2025$849,999 Listed Price

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405 & 345 N Lafayette Street, South Lyon, MI, 48178 is a Commercial Property for sale at $749,999 with a lot size of 3.13. 405 & 345 N Lafayette Street has 2.0 baths and was built in 1929. The property's zip code is 48178 which is in South Lyon, MI

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