4253 OTTER LAKE Road Otter Lake, MI ^$ 5,750,000

4253 OTTER LAKE Road

^$ 5,750,000

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4253 OTTER LAKE Road

Otter Lake, MI, 48464

^$ 5,750,000

Bedrooms-- Baths-- Sq 6,900

Monthly Estimate*

^$ 35,873

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Commercial Property for sale in Otter Lake, MI

for $5,750,000. This 6,900 square foot building was built on a lot size of 128.1.

Immediate revenue opportunity. Whether you're a season supply company looking to grow your business or wanting to get into the aggregate supply business, here's a great opportunity for you of a turnkey operation. Over 128 Acres of virgin land ready for mining of topsoil, sand, gravel or stone with over 10 tons of aggregate reserves. Building, land, equipment and book of business for sale. Over 1.6M in equipment included. Building equipped with reception area, bay area for maintenance and storage, conference room, living quarters and so much more. Contact listing agent for more information or tour.

Commercial Pending

Price

^$ 5,750,000

Property Type

Commercial

Taxes

^$ 5,256

Style

Commercial/Industrial

Lot Size

128.1

Town/City

Otter Lake

County/Region

Lapeer

MLS | Web ID

60358503

Features

General

Heating Forced Air Radiant

Possession At Close

Roof Metal

Water Private Well

Status Pending Pending

Year Built 20

County Lapeer

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Otter Lake

Zoning Agricultural Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features 220 Volt Power Overhead Doors

Area Otter Lake (44030)

Primary City Otter Lake

Directions Marathon Rd to Otter Lake east to property

City Otter Lake

Financial Terms Cash Conventional

Legal Description SEC 10 T9N R9E N 1/2 OF SE 1/4 & SW 1/4 OF NE 1/4 AND PART OF THE NE 1/4

DOM 368

Postal Code 48464

Price Per Sq Ft Total AG 833.33

Public Remarks Immediate revenue opportunity. Whether you're a season supply company looking to grow your business or wanting to get into the aggregate supply business

Exterior

Frontage 120

Lot Size Area 128.1

Lot Dimensions 2857x3966

Roads Class C

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Steven Melchor

Listing Agent

Berkshire Hathaway Homeservices Michigan Real Est

Broker

melch@stevenmelchorgroup.com

Affordability Calculator

$36,311

Per Month

Monthly Principal & Interest: $35,873
Monthly Property Taxes: $438
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 6.375% 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 Otter Lake, MI

Average List Price ^$2,043,333

Percent of Sale Price 64%

About Otter Lake, MI

425 Population

-2% Since 2002

^$60,661 Median Income

42.68 Median Age

21% 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
12/5/2024	$5,750,000		Listed Price

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4253 OTTER LAKE Road, Otter Lake, MI, 48464 is a Commercial Property for sale at $5,750,000 with 6,900 sqft and a lot size of 128.1. The property's zip code is 48464 which is in Otter Lake, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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4253 OTTER LAKE Road

Commercial Property for sale in Otter Lake, MI

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