41 W Lorraine Street Peck, MI ^$ 365,000

41 W Lorraine Street

^$ 365,000

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41 W Lorraine Street

Peck, MI, 48466

^$ 365,000

Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

^$ 2,247

41 W Lorraine Street, Peck, MI 48466 - Image 1

Commercial Property for sale in Peck, MI

for $365,000. This 3,200 square foot building was built in 1890 on a lot size of 0.1.

Turnkey investment opportunity! This 6-bed AFC home is an EXCELLENT MONEY MAKER & CASH COW with immediate cash flow and a strong revenue return. Home was remodeled 2018, with 60% of the home renovated. The exterior is ready for improvements--siding, windows, fascia, soffit, and gutters--but with the strong income stream, these updates can be easily tackled within the first year while still yielding a hefty profit. Major components are in great shape--the roof, mechanicals, and central air are all solid, and the Generac generator (installed in 2019) provides backup power. Large deck installed 2022. Can cut costs by adding a bathroom & kitchenette in the upper level apartment. Don't miss this chance to own a highly profitable AFC business & real estate!

Commercial Active

Price

^$ 365,000

Property Type

Commercial

Taxes

^$ 1,411

Style

Business

Lot Size

0.1

Year Built

1890

Town/City

Peck

County/Region

Sanilac

MLS | Web ID

70453604

Features

General

Heating Forced Air

Roof Other-See Remarks

Status Active Active

Year Built 1890

Parking 6-10 Spaces

County Sanilac

Class COM/IND/BUS OPP

Type Business

Business Name CC's Villa

Ownership Other/See Remarks

Municipality Update

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Bath Furniture

Area UPDATE

Primary City Peck

Directions Peck Road to M-19 intersection turn south on Mill Street turn west on 1st street (Lorraine) CC's Villa located on south side of street formerly the Peck Assembly of God church.

City Peck

Financial Terms Cash Conventional

Legal Description Buyer is required to obtain 6-bed AFC Licensing from State of MI non transferable.

DOM 323

Postal Code 48466

Price Per Sq Ft Total AG 114.06

Public Remarks Turnkey investment opportunity! This 6-bed AFC home is an EXCELLENT MONEY MAKER & CASH COW with immediate cash flow and a strong revenue return. Home was remodeled 2018

Exterior

Exterior Aluminum Frame Wood

Frontage 15

Lot Size Area 0.1

Lot Dimensions 131' X 117' X 130'

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Wendi Collins

Listing Agent

Exp Realty, Llc

Broker

realestateabel@gmail.com

Affordability Calculator

$2,365

Per Month

Monthly Principal & Interest: $2,247
Monthly Property Taxes: $118
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 6.25% 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 Peck, MI

Average List Price ^$307,500

Percent of Sale Price 16%

About Peck, MI

540 Population

-2% Since 2002

^$40,800 Median Income

42.47 Median Age

22% 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
5/29/2025	$365,000	-2.67%	Price Down
2/27/2025	$375,000		Listed Price

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41 W Lorraine Street, Peck, MI, 48466 is a Commercial Property for sale at $365,000 with 3,200 sqft and a lot size of 0.1. 41 W Lorraine Street was built in 1890. The property's zip code is 48466 which is in Peck, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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41 W Lorraine Street

Commercial Property for sale in Peck, MI

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