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$ 339,000
Est. payment /mo
Price Dropped by $40K
5505 DAVISON Road Lapeer, MI 48446 2777
3,710 SqFt
UPDATED:
12/17/2024 03:38 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,710 sqft
Price per Sqft $91
Subdivision Mi
MLS Listing ID 60342788
Annual Tax Amount $9,454
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 219.50 x 297.00
Property Description
Lapeer Landmark for sale! Perfect location on the busiest corner around. 9000 cars pass by every day on this heavily traveled section of road connecting Lapeer & Davison. I69 is just minutes away as well. Over 3700sf of space can be used together or split into separate units. Downstairs has two entrances, one walks into a large main area and the other goes into a smaller storefront section. Upstairs has a third separate outside entrance and can be rented out or used by the new owner. The upstairs was last used as a boutique retail store but was formerly a 3 bedroom residential unit. The building itself has been a convenience store and pizza kitchen/bakery for decades under previous ownership. All kitchen equipment and store fixtures are included with the sale. This place is not "turnkey" ready to open but with a little work and time this would be a great opportunity to reopen this popular location. Seller is offering land contract terms to assist another fellow entrepreneur in restoring this place to its full potential.
Location
State MI
County Lapeer
Area Elba Twp (44009)
Zoning Commercial,Mixed Use,Residential
Interior
Heating Forced Air
Exterior
Roof Type Asphalt,Rubber
Building
Water Public Water
Structure Type Block,Wood
Others
Ownership Private
Assessment Amount $5,566
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by GSA Elite Realty