Listing Agency: Town & Country Realty-Lexington

Listed By: Angela Wagester · License #6501364122 Show Phone

Source: Vmrealestatemichigan

Added: Apr 23 Changed: Oct 1 Last Checked: Oct 5 at 7:16PM

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Investment Insights

Based on property information with market context.

The property combines restaurant space with a second-floor apartment. Restaurant improvements include a commercial kitchen, two bar areas, and a dining area. The apartment is described as having three to four bedrooms.

Located at 29 W Lapeer St in Peck Village, Michigan, the property offers both dining space and residential accommodation within one mixed-use asset.

Key Highlights

• Commercial kitchen and two bar areas
• Second‑floor apartment described as 3–4 bedrooms
• Restaurant area includes a dining layout

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Building Supply (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience 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

61

Businesses Nearby

9k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Petroleum Shops & Services

4,203 visits/mo 0.4 miles

Dollar General Shops & Services

3,834 visits/mo 0.4 miles

Tri-County Bank Shops & Services

1,071 visits/mo 0.2 miles

Demographics for 48466, MI

1,514

Population

679

Households

2.2

Avg Household Size

43

Median Age

13%

College-Educated

88%

High-School Grad

36.9 sq mi

ZIP Area

41

Density / Sq Mi

$55,430

Median Household Income

$43,182

Median Earnings

$747

Median Rent

$135,800

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - A commercial kitchen, two bar areas, and a second-floor apartment are part of the property.

Where is this mixed-use property located?

The property is located at 29 W Lapeer St Peck, MI.

What is the asking price?

The asking price for this property is $279,900.

What are key features of this property?

This property features: Commercial kitchen and two bar areas; Second‑floor apartment described as 3–4 bedrooms; Restaurant area includes a dining layout