5431 DAVISON Road Lapeer, MI ^$ 334,900

5431 DAVISON Road

^$ 334,900

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5431 DAVISON Road

Lapeer, MI, 48446

^$ 334,900

Studio Baths0.0 Sq 4,816

Monthly Estimate*

^$ 2,226

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Studio

Commercial Property for sale in Lapeer, MI

for $334,900. This 4,816 square foot building was built on a lot size of 1.31.

Great Business Opportunity, currently used as Automotive Repair shop with 2,600 Sq ft of drive through work area. Office & Reception area is 1200 Sq Ft with 2 bathrooms leased for $1,840 per month. The 2nd floor has a 2 bedroom 1 bath apartment approximately 1000 Sq Ft renting for $970 per month. both tenants would like to remain in building. Private well with public Sewer currently hooked to building.

Commercial Active

Price

^$ 334,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,034

Style

Commercial/Industrial

Lot Size

1.31

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

60286718

Features

General

Possession Close Plus 30 Days

Roof Metal

Water Private Well

Status Active Active

Year Built 19

Water Heater Electric Gas

County Lapeer

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Elba Twp

Zoning Commercial

Subdivision MI

Commercial Features 220 Volt Power

Area Elba Twp (44009)

Primary City Lapeer

Directions I-69 to Elba Rd. North 1 mile

City Lapeer

Street Name DAVISON

Financial Terms Cash Conventional

Legal Description 5435 DAVISON SEC 8 T7N R9E COM ON C/L OF M-21 HWY 16.5 FT S & S 89 DEG 01' E 595.9 FT FROM NW COR OF SEC TH S 89 DEG 01' E 201.34 FT TH S 0 DEG 34'E 285.31 FT TH W 201.34 FT

DOM 118

Postal Code 48446

Price Per Sq Ft Total 69.54

Coming Soon Great Business Opportunity currently used as Automotive Repair shop with 2 600 Sq ft of drive through work area. Office & Reception area is 1200 Sq Ft with 2 bathrooms leased for $1

Exterior

Exterior Vinyl Siding

Frontage 177

Lot Size Area 1.31

Lot Dimensions 177x269x178x272

Roads Class A Paved Street

Waterfront Y/N No

* Excluded Features

List By

Paul Coulter

Listing Agent

Realty Executives Main St Llc

Broker

paul@paulsellsit.com

Affordability Calculator

$2,645

Per Month

Monthly Principal & Interest: $2,226
Monthly Property Taxes: $420
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 6.99% 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 Lapeer, MI

Average List Price ^$418,658

Percent of Sale Price 25%

About Lapeer, MI

8,987 Population

-6% Since 2002

^$33,508 Median Income

36.88 Median Age

28% 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
3/27/2024	$334,900	-6.95%	Price Down
2/7/2024	$359,900		Listed Price

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5431 DAVISON Road, Lapeer, MI, 48446 is a Commercial Property for sale at $334,900 with 4,816 sqft and a lot size of 1.31. 5431 DAVISON Road is a studio with 0.0 baths. The property's zip code is 48446 which is in Lapeer, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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5431 DAVISON Road

Commercial Property for sale in Lapeer, MI

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