4 E NEPESSING Street Lapeer, MI ^$ 360,000

4 E NEPESSING Street

^$ 360,000

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4 E NEPESSING Street

Lapeer, MI, 48446

^$ 360,000

Studio Baths0.0 Sq 5,900

Monthly Estimate*

^$ 2,515

4 E NEPESSING Street, Lapeer, MI 48446 - Image 1

4 E NEPESSING Street, Lapeer, MI 48446 - Image 2

4 E NEPESSING Street, Lapeer, MI 48446 - Image 3

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4 E NEPESSING Street, Lapeer, MI 48446 - Image 5

4 E NEPESSING Street, Lapeer, MI 48446 - Image 6

Studio

Commercial Property for sale in Lapeer, MI

for $360,000. This 5,900 square foot building was built on a lot size of 0.43.

Great location in City of Lapeer. 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 10% CAP Rate Leases in place and ready for Investor/New Building Owner

Commercial Active

Price

^$ 360,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,840

Style

Commercial/Industrial

Lot Size

0.43

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

60281780

Features

General

Heating Forced Air

Possession At Close

Roof Composite

Water Public Water

Status Active Active

Year Built 19

Subdivision CITY OF LAPEER LAPEER VILLAGE PLAT MI

Water Heater Gas

County Lapeer

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Lapeer

Zoning Commercial

Area Lapeer (44001)

Primary City Lapeer

Directions North on M24/Lapeer Rd to W Nepessing to East Nepsessing to property

City Lapeer

Street Name NEPESSING

Financial Terms Cash Exchange/Trade

Legal Description CITY OF LAPEER LAPEER VILLAGE PLAT SE'LY 21 FT OF LOT 159 & NW'LY 39 FT OF LOT 160 & S'LY 1.4 FT OF VAC NEPESSING ST ADJ THERETO (L=1 P=73 SEC 5 T7N-R10E)

DOM 68

Postal Code 48446

Price Per Sq Ft 61.02

Coming Soon Great location in City of Lapeer. Corner of E Nepessing and S Saginaw with high traffic counts. Current NNN leases in place for Financial/Tax Planner

Exterior

Exterior Brick

Frontage 120

Lot Size Area 0.43

Lot Dimensions 60.00 x 160.00

Roads Class B

Waterfront Y/N No

* Excluded Features

List By

Peggy Feltner

Listing Agent

Coldwell Banker Commercial Premier

Broker

pfeltner2013@gmail.com

Affordability Calculator

$3,001

Per Month

Monthly Principal & Interest: $2,515
Monthly Property Taxes: $487
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lapeer, MI

Average List Price ^$305,690

Percent of Sale Price 15%

About Lapeer, MI

8,987 Population

-6% Since 2002

^$33,508 Median Income

36.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/10/2024	$360,000		Listed Price

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4 E NEPESSING Street, Lapeer, MI, 48446 is a Commercial Property for sale at $360,000 with 5,900 sqft and a lot size of 0.43. 4 E NEPESSING Street is a studio with 0.0 baths. The property's zip code is 48446 which is in Lapeer, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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4 E NEPESSING Street

Commercial Property for sale in Lapeer, MI

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