Downtown Lapeer Investment

Retail-Commercial for Sale
Catylist Listing ID: 30377253
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Sale Price: $220,000
Unit Price: $22 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/16/2020

Overview / Comments

This property is an investment property for someone to fix up and rent out or use for own personal use. Multiple different things could be done with this property. Call us for more details or a private showing. It has a service elevator that goes up to the second floor. It has been inspected and certified.

The owner will stay for a few months if the buyer desires. She will need to finish her inventory which will take less than a month, before moving out.

Possible apartments upstairs. They are vacant right now and unavailable for occupancy until approved by the city.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Lapeer
Tax ID/APN: L200100004000
Property Visibility: Good
Property Condition: Poor
Roof Type: Flat
Water Service: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,168 18,355 26,094
Median Age: 35.14 39.47 41.17
Households: 2,120 7,003 9,889


Photograph of Listing Agent

Wes Denney

EXP Realty CPIX Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.