UPDATED:
09/19/2024 05:42 PM
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 5,900 sqft
Price per Sqft $49
Subdivision City Of Lapeer Lapeer Village Plat
MLS Listing ID 20240001899
Originating Board Realcomp II Ltd
Year Built 1925
Annual Tax Amount $5,840
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 60.00 x 160.00
Property Description
Corner of E Nepessing and S Saginaw with high traffic counts.
Current NNN leases in place for Financial/Tax Planner, Pizza Restaurant and Mexican Restaurant
Bonus area is the Basement, accessible via alley behind the building. Currently leased as well as first floor tenants.
Located in Lapeer Opportunity Zone
Performs at a High CAP Rate
Leases in place and ready for Investor/New Building Owner
Location
State MI
County Lapeer
Area Lapeer
Zoning Commercial
Direction North on M24/Lapeer Rd to W Nepessing to East Nepsessing to property
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Doors, Accessible Entrance
Road Frontage Class B
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Brick
Schools
School District Lapeer
Others
Tax ID L201910004000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Trade/Exchange
Rebuilt Year 2018
Listing Terms Cash, Trade/Exchange
Financing Cash,Trade/Exchange
Special Listing Condition Full Service
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