131 North Lafayette Street

For Lease

131 North Lafayette Street, South Lyon, MI 48178

You can currently find 2 retail space(s) available for lease at 131 North Lafayette Street. Designated use type for space listed here includes retail and office. Current retail listings at this property total 6,400 square feet. Lease type options include Modified Gross and Full Service. Expand the listing and property details below for additional information on leasing opportunities at 131 North Lafayette Street.

Space Available For Lease 2

Contacts

broker

Michael Murphy

Gerdom Realty & Investment

broker

Bill McLeod

Gerdom Realty & Investment

Property Details

  • Property Type Retail
  • Property Size 6,400 SF
  • Lot Size 0.08 Acre
  • Zoning B-2 Central Business
  • Additional Rent Contact for pricing
  • Year Built 1890
  • Year Renovated 1990
  • Date Updated Aug 27, 2024
  • Visibility/Traffic Count (VPD) 28,907

Large retail space on first floor for lease. Located in one of the fastest growing communities in the State of Michigan. This unique space is zoned central business and over looks popular Lafayette Street. This is a great opportunity to be on one of the best retail corners in South Lyon. 

 

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Getting around

  • 74/100

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  • 49/100

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Location

  • City South Lyon, MI
  • Zip Code 48178
  • Market Detroit

131 North Lafayette Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 131 North Lafayette Street asks $12.50/SF/YR per square foot.

  • The property includes 3,200 square feet of retail space for lease. Of this total, 3,200 square feet are Retail.

    Lease agreement conditions for the availability at this property include Modified Gross.

    In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    131 North Lafayette Street was last renovated in 1990.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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