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    FOR SALE
    Office buildings

    441 Clay St, Lapeer, MI 48446

    2,771 SF 0.11 ac lot Built 1931
    Entity Owned Free & Clear
    Property ID
    US43-4374645
    Property summary
    AI-generated overview

    This mixed-use commercial property at 441 Clay Street, Lapeer, MI 48446, offers 3,000 square feet of versatile space, ideal for a growing business. Priced at $249,900 ($83.30/sq ft), the building boasts up to seven private offices, multiple meeting rooms, and a fully equipped lunchroom. A spacious reception area and welcoming lobby create a professional first impression. The property is handicap accessible and includes ample off-street parking located on an additional parcel in the alley. Additional storage is available in both the basement and on the second floor. Some existing furnishings are negotiable. Its convenient location near the courthouse ensures excellent visibility and high traffic, contributing to a prime location for success. The property's features make it particularly well-suited for a law firm or any business seeking expansion. This is a rare opportunity to acquire a well-maintained, functional office space in a desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1931
    Total area 2,771 SF
    Lot 0.11 ac (4,792 SF)
    Zoning code OS1 OFF
    APN L20-06-600-040-00
    UPID US43-4374645
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Perrin Investment Holdings LLC
    Perrin Investment Holdings LLC
    since 2025
    Last sale
    $225,000
    3 recorded transactions
    2025
    $225,000
    2010
    1969
    Zoning & alternative use
    OS1 OFF · Lapeer, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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