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1470 Paris Avenue Lincoln Park, MI $ 1,399,000
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$ 1,399,000 Get more info
1470 Paris Avenue
$ 1,399,000
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1470 Paris Avenue

Lincoln Park, MI, 48146
$ 1,399,000
Bedrooms-- Baths-- Sq 7,500

Monthly Estimate*

$ 8,614

1470 Paris Avenue, Lincoln Park, MI 48146 - Image 1
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1470 Paris Avenue, Lincoln Park, MI 48146 - Image 4
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1470 Paris Avenue, Lincoln Park, MI 48146 - Image 9
1470 Paris Avenue, Lincoln Park, MI 48146 - Image 10
1470 Paris Avenue, Lincoln Park, MI 48146 - Image 11

Commercial Property for sale in Lincoln Park, MI

for $1,399,000. This 7,500 square foot building was built in 1991 on a lot size of 0.59.

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK! THIS FULLY RENOVATED MULTI-FAMILY PROPERTY FEATURES 12 UNITS, EACH OFFERING 1 BEDROOM, 1 BATHROOM, FULL KITCHEN, AND SPACIOUS LIVING AREA. THE BUILDING HAS BEEN COMPLETELY UPDATED, PROVIDING A TURNKEY OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW WITH MINIMAL MAINTENANCE. EACH UNIT IS SEPARATELY METERED FOR UTILITIES (TENANTS PAY THEIR OWN ELECTRIC & GAS), WITH OWNER RESPONSIBLE FOR WATER ONLY, MAXIMIZING NET OPERATING INCOME. LOCATED IN A HIGH-DEMAND RENTAL AREA, THIS PROPERTY OFFERS STRONG TENANT APPEAL AND CONSISTENT OCCUPANCY POTENTIAL. PERFECT FOR BOTH NEW AND SEASONED INVESTORS LOOKING TO ADD A LOW-MAINTENANCE, INCOME-PRODUCING ASSET TO THEIR PORTFOLIO.

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Commercial Active

Price

$ 1,399,000

Property Type

Commercial

Taxes

$ 14,397

Style

RealEstateOnly

Lot Size

0.59

Year Built

1991

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

20261029984
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1991
Property Subtype RealEstateOnly
Current Use MultiFamily
County Wayne
Net Operating Income 109847.0
Operating Expense 29653.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MUNICIPAL PARK SUB 1
Garage Y/N N
Status Active
Directions NORTH OF SOUTHFIELD FWY / WEST OF FORT ST
City LincolnParkCity_Wayne
Senior Community Y/N N
High School District LincolnPark
Zoning Description MultiFamily
MLS Area Area05143LincolnPark
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 14397.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 200400
Expected Active Date 2026-04-30
Legal Description CB 236 TO 242 LOTS 236 TO 242 INCL MUNICIPAL PARK SUB NO. 1 PC 50 L44 P39 WCR
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 7500.0
Lot Dimensions 266 X 126
Lot Size Acres 0.59
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 7500.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1470
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* Excluded Features
List By
Ali T Charara

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 289-2222

Phone

Affordability Calculator

$9,814
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,614
Monthly Property Taxes
$1,200
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
4909450 Elementary School
4909391 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2026$1,399,000 Listed Price

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1470 Paris Avenue, Lincoln Park, MI, 48146 is a Commercial Property for sale at $1,399,000 with 7,500 sqft and a lot size of 0.59. 1470 Paris Avenue was built in 1991. The property's zip code is 48146 which is in Lincoln Park, MI

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