Retail Storefront
814 S Main Street Unit 4 Lapeer, MI 48446
814 S Main Street Unit 4, Lapeer, MI, 48446
Contact for pricing
For Sale
Contact for pricing
Retail storefront suite for sale at 814 S. Main Street, Unit 4 in Lapeer, Michigan.
Property Size1,350 SF
Price / SF$147.41
Days on Market58
Property Features for 814 S Main Street Unit 4
General Information
- Standard status
- Active
- Size
- 1,350 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1985
Listing agency
Friedman Real Estate
(248) 848-1292
Listed by
Larry Schultz · License #MI
Source
Crexi
Added: May 27 Updated: Jul 22 at 7:28PM Checked: Jul 22 at 7:28PM
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 for-sale retail storefront suite is located at 814 S. Main Street, Unit 4. The property is offered as a commercial space within a multi-unit address.
The address is in Lapeer, Michigan, with frontage on S. Main Street.
The available information indicates a retail use for the unit; no additional interior configuration or building features are provided.
The address is in Lapeer, Michigan, with frontage on S. Main Street.
The available information indicates a retail use for the unit; no additional interior configuration or building features are provided.
Key Highlights
- Retail storefront suite for sale at 814 S. Main Street, Unit 4, Lapeer, MI 48446
- Built in 1985
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.2k | $12.00 |
| − Vacancy | −$2.9k | −$2.15 |
| EGI | $13.3k | $9.85 |
| − OpEx | −$4.0k | −$2.96 |
| NOI | $9.3k | $6.90 |
1,350 SF · lease $12.00/SF/yr · vacancy 17.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$133.0K
$116.4K – $155.2K
NOI $9,310 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$221.1K
$193.4K – $257.9K
NOI $15,475 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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- Flowers By Carol — 1781 W Genesee St, Lapeer, MI 48446
- Kroger Floral — 540 S Main St, Lapeer, MI 48446
FAQs
What type of property is this?
Storefront property - Retail storefront suite for sale at 814 S. Main Street, Unit 4 in Lapeer, Michigan.
Where is this storefront property located?
The property is located at 814 S Main Street Unit 4 Lapeer, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Retail storefront suite for sale at 814 S. Main Street, Unit 4, Lapeer, MI 48446; Built in 1985
