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Corner Retail Building with Exposure
For Sale
Contact for pricing
Pending

14 W Park Street, Lapeer, MI 48446

Corner retail building with strong visibility on a well-traveled intersection and multiple use options.

Property SizeContact for details
Days on Market123

Property Features for 14 W Park Street

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Clarkston
Listed By: Bruce Krol · License #MI 6502374464
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 10 at 2:52PM

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 Berkshire Hathaway HomeServices Michigan Real Estate Clarkston

Investment Insights

Based on property information with market context.

This corner retail building offers multiple possibilities for an owner-user or investor, with strong exposure on a well-traveled corner. The property may be purchased and used as a turn-key dry cleaning business, with financials available upon request under an NDA.

The seller also indicates the building may be leased, with terms requiring a minimum 2-year lease and $8.00 per square foot. Additional financial information is available by calling for an NDA.

Key Highlights

  • Corner retail building with strong visibility on a well‑traveled intersection
  • May be purchased and used as a turnkey dry cleaning business for $280,000
  • Building may be leased with a minimum 2‑year lease term at $8.00 per SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Locksmith

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

908
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Home Improvements & Furnishings 34% Dining 11% Beauty & Spa 2%
Sunoco Shops & Services
10,684 visits/mo 0.4 miles
Harbor Freight Tools Home Improvements & Furnishings
8,554 visits/mo 0.3 miles
Hungry Howie's Pizza Dining
3,205 visits/mo 0.3 miles
Milnes Ford, Inc Shops & Services
2,208 visits/mo 0.5 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,299 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail building with strong visibility on a well-traveled intersection and multiple use options.
Where is this retail space located?
The property is located at 14 W Park Street Lapeer, MI.
What are key features of this property?
This property features: Corner retail building with strong visibility on a well‑traveled intersection; May be purchased and used as a turnkey dry cleaning business for $280,000; Building may be leased with a minimum 2‑year lease term at $8.00 per SF
More about this property
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