101 N LAFAYETTE Street South Lyon, MI $ 1,429,000
101 N LAFAYETTE Street
$ 1,429,000
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101 N LAFAYETTE Street

South Lyon, MI, 48178
$ 1,429,000
Bedrooms-- Baths-- Sq 3,784

Monthly Estimate*

$ 8,915

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Commercial Property for sale in South Lyon, MI

for $1,429,000. This 3,784 square foot building was built on a lot size of 0.05.

This Home Decor/Gift Shop can be yours! Established in 2007, this business has been the cornerstone of Downtown South Lyon serving the South Lyon Community and attracting customers from surrounding cities. Located in the heart of downtown South Lyon, this historic original 1900's building exudes it's own charm with original tin wall ceiling, brick and hard wood floors. Many updates, including new electrical, plumbing, stairwell and beautification on the main level. Unlimited potential on 2nd level to convert to own resident or apartment as building has multiple entryways and double staircase. Old cobblestone full basement with unlimited potential for rental or other business (Speakeasy). Looking for the perfect passionate buyer who wants to own their own Home Decor/Gift Store in one of the fastest growing cities without the uncertainty of establishing a new business from scratch. This gem comes with a seamless transition; customer base, Decor/Design and POS system in place.

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Commercial Active

Price

$ 1,429,000

Property Type

Commercial

Taxes

$ 7,746

Style

Commercial/Industrial

Lot Size

0.05

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

60918200

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision ASSR'S PLAT NO 2 - CITY OF SOUTH LYON MI
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality South Lyon
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area South Lyon (63277)
Primary City South Lyon
Directions E Lake St and N Lafayette
City South Lyon
Financial Terms Cash Conventional
Legal Description T1N R7E SEC 19 ASSESSOR'S PLAT NO 2 LOT 1
DOM 156
Postal Code 48178
Price Per Sq Ft Total AG 377.64
Public Remarks This Home Decor/Gift Shop can be yours! Established in 2007
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Exterior
Exterior Brick
Frontage 50
Lot Size Area 0.05
Lot Dimensions 66x66
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Elena Marogy

Listing Agent

Arterra Realty Michigan Llc

Broker

elena.marogy@arterrarealty.com

Email

Affordability Calculator

$9,561
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,915
Monthly Property Taxes
$646
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2025$1,429,000 Listed Price

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101 N LAFAYETTE Street, South Lyon, MI, 48178 is a Commercial Property for sale at $1,429,000 with 3,784 sqft and a lot size of 0.05. The property's zip code is 48178 which is in South Lyon, MI