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4 E Nepessing Street Lapeer, MI $ 360,000
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$ 360,000 Get more info
4 E Nepessing Street
$ 360,000
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4 E Nepessing Street

Lapeer, MI, 48446
$ 360,000
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
4 E Nepessing Street, Lapeer, MI 48446 - Image 4
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 in 1925 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

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Commercial Active

Price

$ 360,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,840

Style

Restaurant

Lot Size

0.43

Year Built

1925

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

20240001899
Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
current use Restaurant
Zoning Commercial
Year Built 1925
Property Type Commercial
Subdivision Name CITY OF LAPEER LAPEER VILLAGE PLAT
Accessibility Features Accessible Approach with Ramp Accessible Doors Accessible Entrance
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 67
MLS Area Lapeer
Directions North on M24/Lapeer Rd to W Nepessing to East Nepsessing to property
City Lapeer
Terms Offered Cash Trade/Exchange
School District Lapeer
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name NEPESSING
Assessment 0.00
Total Sq Ft 5900
DOM 67
Taxes 5840.0000
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)
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Exterior
Waterfront 0
Lot Size Area 0.43
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 60.00 x 160.00
Roof Material Composition
Architecture Level 2 Story
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Interior
Street Suffix Street
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Peggy J Feltner

Listing Agent

Coldwell Banker Commercial Premier

Broker

(248) 628-1900

Phone

Affordability Calculator

$3,001
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,515
Monthly Property Taxes
$487
Monthly 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
THE TIME TO SELL IS NOW!
Nearby
848237 Elementary School
848528 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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 and was built in 1925. The property's zip code is 48446 which is in Lapeer, MI

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