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Retail Building
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507 Mccormick Drive, Lapeer, MI 48446

Retail building offered for sale featuring approximately 13,580 SF of retail space.

Property Size13,580 SF
Days on Market133

Property Features for 507 Mccormick Drive

General Information

Standard status Active
Size 13,580 SF
Property subtype Retail, Industrial
Listing Agency: Friedman Real Estate
Listed By: Larry Schultz · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:56PM

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 Friedman Real Estate

Investment Insights

Based on property information with market context.

This offering is a retail building for sale with approximately 13,580 square feet of retail space.

The property is located at 507 McCormick Drive in Lapeer, Michigan.

Additional details regarding layout, improvements, and configuration were not provided.

Key Highlights

  • Retail building for sale with approximately 13,580 SF of retail space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Storage Facility Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

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

667
Businesses Nearby
580k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Groceries 23% Shops & Services 22% Apparel 9%
Meijer Groceries
85,324 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
39,353 visits/mo 0.4 miles
Kroger Groceries
36,312 visits/mo 0.4 miles
McDonald's Dining
35,491 visits/mo 0.3 miles
Michaels Shops & Services
31,872 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building offered for sale featuring approximately 13,580 SF of retail space.
Where is this retail space located?
The property is located at 507 Mccormick Drive Lapeer, MI.
What are key features of this property?
This property features: Retail building for sale with approximately 13,580 SF of retail space
(248) 848-1292 Call to check price and availability
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