585 Southfield Road Lincoln Park, MI $ 364,900
585 Southfield Road
$ 364,900
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585 Southfield Road

Lincoln Park, MI, 48146
$ 364,900
Bedrooms-- Baths-- Sq 3,450

Monthly Estimate*

$ 2,247

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Commercial Property for sale in Lincoln Park, MI

for $364,900. This 3,450 square foot building was built on a lot size of 0.05.

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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Commercial Active

Price

$ 364,900

Property Type

Commercial

Taxes

$ 6,275

Style

Commercial/Industrial

Lot Size

0.05

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

60973745

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Suburban Park Sub MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Corporation
Municipality Lincoln Park
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Lincoln Park (82143)
Primary City Lincoln Park
Directions corner of Southfield rd and Applewood
City Lincoln Park
Financial Terms Cash Conventional
Legal Description FC28A LOT 28 EXC THE NLY 54 FT THEREOF ALSO THE NLY 2 FT OF ADJ VAC AL- LEY SUBURBAN PARK SUB PC 85 92 L29 P46 WCR
DOM 1
Postal Code 48146
Price Per Sq Ft Total AG 105.77
Public Remarks
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Exterior
Exterior Brick
Frontage 30
Lot Size Area 0.05
Lot Dimensions 30x63x30x63
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Mohammed Almahdi

Listing Agent

Epique Realty

Broker

ma4237@gmail.com

Email

Affordability Calculator

$2,770
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,247
Monthly Property Taxes
$523
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$364,900 Listed Price

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585 Southfield Road, Lincoln Park, MI, 48146 is a Commercial Property for sale at $364,900 with 3,450 sqft and a lot size of 0.05. The property's zip code is 48146 which is in Lincoln Park, MI