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    891 Baldwin Rd Lapeer, MI 48446

    Sponsored
    For Sale
    $199,000

    Prime Commercial Space, High Visibility, M-24 Proximity

    Property size:
    988 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 988-square-foot commercial building presents a remarkable investment opportunity in Lapeer, Michigan. Strategically located on a 0.33-acre lot at 891 Baldwin, this property enjoys a high-traffic location amidst established restaurants and shopping centers, ensuring excellent visibility and accessibility. Its convenient proximity to M-24 further enhances its appeal to a wide range of businesses. Previously used as a residential property, this building has undergone a complete zoning change to commercial use, streamlining the process for potential buyers. All necessary steps have been completed, including a professional survey and the approval of a comprehensive site plan, eliminating potential delays and uncertainties. The building's versatile layout offers significant potential for various commercial ventures, making it an ideal choice for entrepreneurs and investors seeking a well-positioned, ready-to-occupy space. The asking price is $199,000. This is a rare opportunity to acquire a turn-key commercial property in a thriving area with high foot traffic and excellent visibility. Don't miss this chance to establish your business in a prime location.

    Property Features for 891 Baldwin Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    988 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.32249
    Latitude
    43.03939

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    FAQs

    What type of property is this?
    Industrial property - Prime Commercial Space, High Visibility, M-24 Proximity
    Where is this industrial property located?
    The property is located at 891 Baldwin Rd Lapeer, MI.
    What is the asking price?
    The asking price for this property is $199,000.
    (248) 468-1444
    Request Owner's contact information
    891 Baldwin Rd Lapeer, MI 48446
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    Lapeer, MI 48446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    891 Baldwin Rd Lapeer, MI 48446
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