Building Details:
• Year Built: 1978
553 S. Lafayette Street is located in South Lyon, MI.
Attractive strip center with 6 units; recent (2014) addition of 4,600 SF in "rent up" stage. Each unit has its own heating, A/C, gas and electric. Current tenants occupancy approx. 64% includes: therapy, restaurant, retail store and salon. Currently month to month for purchaser flexibility, however, all current tenants will commit to leases. Current lease space available are 2 units (white box); 1350 SF and 900 SF. Ample parking and excellent location. (future property taxes estimated for P&L) Possible L/C assumption. Owner may consider sale of restaurant under separate terms.
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