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Retail Investment Property
For Sale
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Pending

282 S Main St, Lapeer, MI 48446

Retail property offered for sale with a stated 6% cap rate and 5,256 SF.

Property Size5,256 SF
Days on Market147

Property Features for 282 S Main St

General Information

Standard status Pending
Size 5,256 SF
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: Faris Lee Investments
Listed By: Hunter Steffien · License #CA 02036521
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 4 at 3:38AM

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 Faris Lee Investments

Investment Insights

Based on property information with market context.

This retail investment property is offered for sale with a stated 6% cap rate and 5,256 SF of retail space. The listing identifies the asset as retail, presenting a straightforward option for buyers seeking income-focused commercial real estate.

The property is located at 282 S Main St in Lapeer, Michigan.

Key Highlights

  • Retail property with a stated 5,256 SF building size
  • Stated 6.00% cap rate

Property Analytics

Current Use

Retail space

Suggested Use

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

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

824
Businesses Nearby
93k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Home Improvements & Furnishings 11% Electronics 5% Shops & Services 4%
McDonald's Dining
35,491 visits/mo 0.5 miles
Leo's Coney Island Dining
13,012 visits/mo 0.4 miles
Harbor Freight Tools Home Improvements & Furnishings
8,554 visits/mo 0.4 miles
KFC Dining
8,300 visits/mo 0.4 miles
Little Caesars Pizza Dining
8,285 visits/mo 0.5 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a stated 6% cap rate and 5,256 SF.
Where is this retail space located?
The property is located at 282 S Main St Lapeer, MI.
What are key features of this property?
This property features: Retail property with a stated 5,256 SF building size; Stated 6.00% cap rate
(949) 633-2538 Call to check price and availability
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