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Office Building with Overhead Door
For Sale
Contact for pricing
Pending

54 S SAGINAW Street, Lapeer, MI 48446

Two-office configuration plus a separate storage unit with an overhead door, full bath, and 1100 sq ft.

Property SizeContact for details
Days on Market144

Property Features for 54 S SAGINAW Street

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Realty Executives Main Street
Listed By: Paul Coulter · License #MI 6502352995
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Aug 31 at 9:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Main Street

Investment Insights

Based on property information with market context.

This office building includes a front office portion with 3600 sq ft and a back storage unit totaling 1100 sq ft. The additional rental unit has an overhead door and a full bath. Current information provided indicates the front portion is available for $2,600 per month, while the back unit is leased for $800 per month.

Total stated rental income is $4,200 per month on a fully leased basis. The property is located in a zone that lists possible use for Medical Marijuana Provisioning centers.

Overall, the building is configured to support separate income streams through its office and storage components, with the back unit’s overhead door offering an operation-friendly layout for day-to-day storage needs.

Key Highlights

  • Total rental income of $4,200 per month with all units leased
  • Front office space: 3,600 SF available for $2,600 per month
  • Separate storage unit includes an overhead door and full bath; 1,100 SF with possible $800/month rent

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Storage Facility Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby

Demographics for 48446, MI

30,788
Population
12,797
Households
2.4
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
121.9 sq mi
ZIP Area
253
Density / Sq Mi
$66,382
Median Household Income
$40,263
Median Earnings
$976
Median Rent
$206,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two-office configuration plus a separate storage unit with an overhead door, full bath, and 1100 sq ft.
Where is this office units located?
The property is located at 54 S SAGINAW Street Lapeer, MI.
What are key features of this property?
This property features: Total rental income of $4,200 per month with all units leased; Front office space: 3,600 SF available for $2,600 per month; Separate storage unit includes an overhead door and full bath; 1,100 SF with possible $800/month rent
(810) 667-2628 Call to check price and availability
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