525 E CAPAC Road Imlay City, MI ^$ 350,000

525 E CAPAC Road

^$ 350,000

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525 E CAPAC Road

Imlay City, MI, 48444

^$ 350,000

Studio Baths0.0 Sq 13,926

Monthly Estimate*

^$ 2,445

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Studio

Commercial Property for sale in Imlay City, MI

for $350,000. This 13,926 square foot building was built on a lot size of 3.

Opportunity is knocking at your door! Approximately 3 acres of prime commercial property located on the corner of two Class A roads, M-53 & M-21. The approximate road frontage along M-53 is 307ft and M-21 is 420ft. This would be a newly created parcel to include both 525 E Capac Rd & 572 N Cedar St. The seller is willing to divide and sell a numerous different ways since there is approximately 8 acres currently owned by the seller. There are currently 4 buildings included on this parcel, but some are of no or little value. Value is in the commercial property. One of these buildings is currently a detail shop. Your opportunity awaits, so don't hesitate!

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

Town/City

Imlay City

County/Region

Lapeer

MLS | Web ID

60230612

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 99

County Lapeer

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Imlay City

Zoning Commercial

Subdivision MI

Area Imlay City (44027)

Primary City Imlay City

Directions Corner of M-53 & M-21

City Imlay City

Street Name CAPAC

Financial Terms Cash Conventional

Legal Description To be supplied by new survey containing approximately 3+/- acres.

DOM 308

Postal Code 48444

Price Per Sq Ft 25.13

Coming Soon Opportunity is knocking at your door! Approximately 3 acres of prime commercial property located on the corner of two Class A roads

Exterior

Frontage 420

Lot Size Area 3

Lot Dimensions 420x307xIRR

Roads Class A

Waterfront Y/N No

* Excluded Features

List By

Andrea Donley

Listing Agent

Donley Realty

Broker

donleyandrea@gmail.com

Affordability Calculator

$2,445

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Imlay City, MI

Average List Price ^$407,300

Percent of Sale Price 16%

About Imlay City, MI

3,684 Population

-5% Since 2002

^$34,033 Median Income

33.92 Median Age

36% 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
10/30/2023	$350,000	-41.66%	Price Down
8/15/2023	$599,900	-14.29%	Price Down
6/21/2023	$699,900		Listed Price

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525 E CAPAC Road, Imlay City, MI, 48444 is a Commercial Property for sale at $350,000 with 13,926 sqft and a lot size of 3. 525 E CAPAC Road is a studio with 0.0 baths. The property's zip code is 48444 which is in Imlay City, 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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525 E CAPAC Road

Commercial Property for sale in Imlay City, MI

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