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55 W Nepessing Street Lapeer, MI $ 200,000
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$ 200,000 Get more info
55 W Nepessing Street
$ 200,000
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55 W Nepessing Street

Lapeer, MI, 48446
$ 200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,381

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Commercial Property for sale in Lapeer, MI

for $200,000. This building was built in 1968 on a lot size of 0.06.

Turnkey business opportunity in downtown Lapeer! Axecadia is a Profitable& Established axe throwing/arcade entertainment business located just west of Saginaw St. on W. Nepessing St. Operating from approximately 5,000 SF of two-level leased space, the business features approximately five axe throwing lanes, numerous vintage pinball and arcade games, meeting rooms, offices, dedicated arcade repair room, vending/retail area and additional space for future expansion. Positive cash flow and multiple potential revenue streams make this a unique opportunity for an entrepreneur or investor. Sale is for the business and business assets only. Real estate is NOT included and the business operates under a lease. Financial information available to qualified buyers with signed NDA.

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 7,390

Style

Business

Lot Size

0.06

Year Built

1968

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

20261073427
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1968
Levels Two
Property Subtype Business
Current Use Commercial
Business Type Commercial Other Recreation
Accessibility AccessibleApproachWithRamp CustomizedWheelchairAccessible StairLift
County Lapeer
Net Operating Income 1000.0
Operating Expense 1000.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Subdivision Name CITY OF LAPEER LAPEER VILLAGE
Garage Y/N N
Building Features Elevators
Status Active
Directions S.W. corner of Nepessing St & Saginaw St.
City LapeerCity_Lapeer
Senior Community Y/N N
High School District Lapeer
Zoning Description Commercial
MLS Area Area09132Lapeer
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7390.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 158649
Expected Active Date 2026-09-11
Legal Description CITY OF LAPEER LAPEER VILLAGE PLAT W'LY 19 FT OF LOT 1 & E'LY 3 FT OF LOT 2 (L=1 P=73 SEC 5 T7N-R10E)
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Exterior
Water Source Public
Foundation Details Block BrickMortar Slab
Spa N
Building Area Total 5000.0
Lot Dimensions 30x118x30x118
Lot Size Acres 0.06
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 55
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* Excluded Features
List By
Douglas F Ferrell

Listing Agent

Realty Executives Main St Llc

Broker

(810) 691-0731

Phone

Affordability Calculator

$1,997
Per Month
69%
31%
0%
Monthly Principal & Interest
$1,381
Monthly Property Taxes
$616
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
848237 Elementary School
848528 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/11/2026$200,000 Listed Price

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55 W Nepessing Street, Lapeer, MI, 48446 is a Commercial Property for sale at $200,000 with a lot size of 0.06. 55 W Nepessing Street was built in 1968. The property's zip code is 48446 which is in Lapeer, MI

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