405 & 345 N Lafayette Street South Lyon, MI ^$ 749,999

405 & 345 N Lafayette Street

^$ 749,999

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405 & 345 N Lafayette Street

South Lyon, MI, 48178

^$ 749,999

Bedrooms-- Baths-- Sq 3,569

Monthly Estimate*

^$ 4,679

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405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 9

405 & 345 N Lafayette Street, South Lyon, MI 48178 - Image 10

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Commercial Property for sale in South Lyon, MI

for $749,999. This 3,569 square foot 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.

Commercial Active

Price

^$ 749,999

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

70460106

Features

General

Heating Forced Air

Roof Other-See Remarks

Status Active Active

Year Built 1929

County Oakland

Class COM/IND/BUS OPP

Type Business

Ownership Other/See Remarks

Municipality South Lyon

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area South Lyon (63277)

Primary City South Lyon

Directions Lafayette North of 10 mile

City South Lyon

Financial Terms Cash Conventional

Legal Description Buyer to confirm all information.

DOM 258

Postal Code 48178

Price Per Sq Ft Total AG 210.14

Public Remarks 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

Exterior

Exterior Other

Frontage 188

Lot Size Area 3.13

Lot Dimensions 188*141*156*320*344*458

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Robert Sherman

Listing Agent

Re/Max Platinum

Broker

rsherman@remaxplatinum.email

Affordability Calculator

$5,631

Per Month

Monthly Principal & Interest: $4,679
Monthly Property Taxes: $952
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in South Lyon, MI

Average List Price ^$1,023,199

Percent of Sale Price 36%

About South Lyon, MI

12,956 Population

29% Since 2002

^$65,418 Median Income

40.31 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 3,569 sqft and a lot size of 3.13. 405 & 345 N Lafayette Street was built in 1929. The property's zip code is 48178 which is in South Lyon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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405 & 345 N Lafayette Street

Commercial Property for sale in South Lyon, MI

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