43.0496 -83.2943

1280 Imlay City RD Lapeer, MI 48446

234797755 43.0496 -83.2943 326 /listing/234797755-151251720/1280-imlay-city-rd-lapeer-mi-48446 False 0 1599900.0 7775 101 219019071 False
  • $1,599,900
  • 7,775 sqft
  • 0.74 lot
  • Est payment $8588.61/mo

Property & Neighborhood Info

Provided through IDX through Realcomp II Ltd. Courtesy of Realty Solutions of Michigan Inc Copyright 2019 Realcomp II Ltd. Shareholders

Commercial in Lapeer

Great Opportunity to own a newer 3 unit plaza with liquor store business almost a total of 8,000 square feet. There is an approval of adding a gas station to the location, drawings are included with the sale. Located on a high traffic road with 256' of road frontage The total square footage of the entire building is 7,775 sq. ft, the convenience/liquor store occupies around 4,000 sq. ft of the building, then there are 2 additional rental spaces that are 1,875 sq. ft each. Ample parking accommodating 21+ cars. Great income generating property with over 11% cap. Additional information available upon request and qualification and signing a confidentiality agreement. DO NOT APPROACH OWNERS OR EMPLOYEES OR TENANTS, PLEASE BE DISCRETE! THIS IS A CONFIDENTIAL SALE, ALL SHOWINGS BY APPOINTMENT ONLY. ( Additional MLS Data: Summer Tax: $5560, Winter Tax: $7734 )

Provided through IDX through Realcomp II Ltd. Courtesy of Realty Solutions of Michigan Inc Copyright 2019 Realcomp II Ltd. Shareholders
  1. 7,775 Sq. Ft.
  2. 0.74 Lot

Main Features

  • Year Built: 2005
  • Floors: 1
  • School District: Lapeer
  • County: Lapeer
  • Taxes: $13,294.00
  • Zoning: Commercial
  • MLS Number:219019071

Additional Features

  • Water Heater:
    • Natural Gas
  • Heating in Office Area:
    • Central Air
    • Forced Air
  • Business Type:
    • RETAIL
    • SERVICE
  • Construction:
    • Aluminum
    • Stucco/EIFS
  • Levels:
    • 1 Story
  • Roof:
    • Asphalt
  • Type:
    • Business And Real Estate
  • Water Source:
    • Municipal Water
  • Foundation:
    • Block
    • Slab
  • Inventory Included:
    • No
  • Inventory List(s) Available:
    • No
  • Heating:
    • Central Air
    • Forced Air
    • Natural Gas
  • Plant Heating:
    • Central Air
  • Sewer:
    • Sewer-Sanitary
  • Utilities:
    • Cable TV
    • Security Alarm
  • Restrictions:
    • No
  • Road Frontage:
    • Paved
    • Pub. Sidewalk
  • Zoning:
    • Commercial
  • Certified Legal Rental:
    • Yes
  • Financing:
    • Cash
    • Conventional
  • Gross Income:
    • 1100868.00
  • Land Contract:
    • No
  • Legal Description:
    • SEC 4 T7N R10E COM ON N-S 1/4 LN AT S LN OF HWY M21, TH ELY ALG HWY 256 FT; TH S27*32'45"W 141 FT TO N LN OF RR R/W; TH WLY ALG RR R/W 174.62 FT TO N-S 1/4 LN; TH N ALG 1/4 LN 166.15 FT TO BEG .715 A. 44-12-004-049-00
  • License:
    • Beer & Wine
    • Carry-Out
    • Liquor
    • Lottery
    • Lotto Terminal
  • List Type (Exclusive):
    • Exclusive Right to Sell
  • Lock Box:
    • Appointment
  • Net Operating Income:
    • 187958.47
  • Settlement:
    • City
  • Short Sale:
    • No
  • Title:
    • Private - Owned
  • Transaction Type:
    • Sale
  • Assessment:
    • 0
  • MLSSystem ID:
    • Realcomp II Ltd
  • Office Square Feet:
    • 1875
  • Ownership:
    • Private Owned
    • Short Sale - No
  • Possession:
    • At Close
  • SQFT Source:
    • 7,775
    • Other
  • Square Footage Total:
    • 7775
  • Tax ID:
    • L208345204000
Neighborhood info courtesy of Homes.com © 2019

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$38,769.95*
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43.0496 -83.2943

1280 Imlay City RD Lapeer, MI 48446

234797755 43.0496 -83.2943 326 /listing/234797755-151251720/1280-imlay-city-rd-lapeer-mi-48446 False 0 1599900.0 7775 101 219019071 False
  • $1,599,900
  • 7,775 sqft
  • 0.74 lot
  • Est payment $8588.61/mo