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Improved Mixed-Use Land for Sale in South Lyon, Michigan
405 & 345 N Lafayette St, South Lyon, MI 48178
$749,999
3.13 acres
Active
$100k drop
Est $4,627/moPrime 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.
3,569
Sq feet
2
Full baths
1929
Built
Location
- Street address
- 405 & 345 N Lafayette St
- County
- Oakland County
- School district
- South Lyon
- Elevation
- 928 feet
Property details
- Acreage
- 3.13 acres
- MLS #
- MichRIC 25013447
- Posted
Property taxes
- 2024
- $11,424 - Buyer to confirm all information.
Parcels
- 21-19-476-023
Legal description
Buyer to confirm all information.
Details and features
Listing
- Type
- Commercial Sale
- Unit Count
- 2
Structure
- Heating
- Forced Air
Interior
- Rooms
- Bathroom x 2
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Available | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 9, 2025 | Price drop | $749,999 | $100,000 -11.8% | MichRIC |
| Apr 4, 2025 | New listing | $849,999 | — | MichRIC |
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Robert Sherman
RE/MAX Platinum
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