PRICE REDUCED - Versatile Building | 1675 N Lapeer Rd
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PRICE REDUCED - Versatile Building 1675 N Lapeer Rd
4,852 SF Retail Building Lapeer, MI 48446 $875,000 ($180/SF)
Investment Highlights
- Versatile building near medical, shopping, restaurants
- Seller willing to do temporary lease back
- 3.86 acres zoned commercial
- Near I-69 for easy access
- Located on traffic light corner
Executive Summary
* Well maintained building great for many uses
* One mile from McLaren Hospital and medical district
* Near I-69, hotels, shopping, and restaurants
* Great for many uses, office, medical, financial, etc.
* Current temporary location of Security Credit Union
* Seller offering a lease back while their new property is under construction
* Located on a prominent corner, with a traffic light
* Property is 3.86 acres and is accessible from N. Lapeer Rd. and Davis Lake Rd.
* Building has an open floor plan, that includes several offices, breakroom and conference room
* Alarm system, updated HVAC system and electrical
* Oversize windows provide natural light throughout
* One mile from McLaren Hospital and medical district
* Near I-69, hotels, shopping, and restaurants
* Great for many uses, office, medical, financial, etc.
* Current temporary location of Security Credit Union
* Seller offering a lease back while their new property is under construction
* Located on a prominent corner, with a traffic light
* Property is 3.86 acres and is accessible from N. Lapeer Rd. and Davis Lake Rd.
* Building has an open floor plan, that includes several offices, breakroom and conference room
* Alarm system, updated HVAC system and electrical
* Oversize windows provide natural light throughout
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
4,852 SF
Building Class
C
Year Built
1974
Price
$875,000
Price Per SF
$180
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.92 AC
Zoning
C-1 - Commercial
Parking
35 Spaces (7.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 014-200-008-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $467,000 |
PROPERTY TAXES
Parcel Number
014-200-008-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$467,000
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PRICE REDUCED - Versatile Building | 1675 N Lapeer Rd
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