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4 E Nepessing Street

Lapeer, MI 48446
  • $360,000
  • STATUS: Active
  • ON SITE: 247 Days
  • ID#: 20240001899
UPDATED: 47 min ago
$360,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,900
    SQFT
  • $61
    $/SQFT
Type:
Commercial
Built:
1925
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
60.00 x 160.00

School Ratings & Info

School District:

Description

Great location in City of Lapeer.Corner of E Nepessing and S Saginaw with high traffic counts. Current NNN leases in place for Financial/Tax Planner, Pizza Restaurant and Mexican RestaurantBonus area is the Basement, accessible via alley behind the building. Currently leased as well as first floor tenants. Located in Lapeer Opportunity ZonePerforms at a 10% CAP RateLeases in place and ready for Investor/New Building Owner

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-09-14T16:01:05.293.
www.prettyhomerealty.com/homes/146528702
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4 E Nepessing Street Lapeer, MI 48446

  • Price: $360,000
  • Status: Active
  • On Site: 247 Days
  • Updated: 47 min ago
  • ID#: 20240001899
0
Beds
0
Baths
0
½ Baths
0.43
Acres
5,900
SQFT
$61
$/SQFT
1925
Built
Neighborhood:
City Of Lapeer Lapeer Village Plat
County:
Lapeer
Area:
Lapeer
School District:
LAPEER
Property Description
Great location in City of Lapeer.Corner of E Nepessing and S Saginaw with high traffic counts. Current NNN leases in place for Financial/Tax Planner, Pizza Restaurant and Mexican RestaurantBonus area is the Basement, accessible via alley behind the building. Currently leased as well as first floor tenants. Located in Lapeer Opportunity ZonePerforms at a 10% CAP RateLeases in place and ready for Investor/New Building Owner
Exterior Features

Architecture Level 2 Story Construction Materials Brick Distance To Airport 19 Distance To Interstate 5 Foundation Details Basement Foundation Materials Block Lot Size Dimensions 60.00 x 160.00 Road Frontage Feet 120 Road Frontage Type Class B Roof Material Composition Side Of Street S Waterfront YN No

Interior Features

Building Area Source Assessor Heating Cooling Forced Air Office Heating Cooling Forced Air Sq Ft Main 5900 Unit Efficiency Number Of 0 Water Heater Fuel Natural Gas

Property Features

Accessibility Features Accessible Approach with RampAccessible DoorsAccessible Entrance Assessment 0.00 Buildings List Garage Commercial Type Real Estate Only Current Use Restaurant Existing Lease YN Yes Gross Scheduled Income 44880.00 Inventory Included YN No Land Contract YN No Listing Financing CashTrade/Exchange Net Operating Income 5914.00 Operating Expense 38966.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 100 Possession At Close Postal City Lapeer Protection Period 120 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 2460.0000 Tax Amount Winter 3380.0000 Title Standard (Private) Total Tax 5840.0000 Unparsed Address 4 E NEPESSING Street Water Source Public (Municipal) Year Remodeled 2018 Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Coldwell Banker Commercial Premier: (248) 628-1900 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-09-14T16:01:05.293.
 
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