4 Nepessing St, Lapeer, MI 48446-2312
This exceptional 0.43-acre commercial land parcel, located at 4 E Nepessing in Lapeer, Michigan, presents a unique investment opportunity. The property boasts a 5,900 square foot building, previously utilized as a restaurant and bar, featuring a recently remodeled kitchen area, ready for immediate occupancy. The building is configured as a single-tenant space, offering flexibility for a variety of commercial uses. Its convenient location offers ample street parking, ideal for quick curbside pickup, and is within walking distance of downtown Lapeer. The property benefits from the presence of neighboring businesses, including a professional tax service and another restaurant, creating a synergistic commercial environment. The ample open space within the building provides significant adaptability for various business needs. City parking is conveniently located across the street, providing additional parking options for customers and employees. This property is situated in Lapeer County, Michigan, with a zip code of 48446. The property's address is 4 E Nepessing, Lapeer, MI. The building is a single-tenant structure, offering a unique opportunity for a business seeking a well-located, established space. The previous use as a restaurant and bar suggests potential for similar ventures, but the adaptable layout allows for a wide range of commercial applications. The recently updated kitchen is a significant asset for food-related businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 GEN · Lapeer, MILapeer. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.