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    OFF-MARKET
    Retail space

    455 Main St, Lapeer, MI 48446-2428

    1,344 SF 0.24 ac lot Built 1900
    Entity Owned Free & Clear
    Property ID
    US43-4374794
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 455 S Main Street in Lapeer, Michigan, presents a lucrative investment opportunity. Priced at $499,900, this 1,844 square foot building sits on a 0.3-acre lot with excellent visibility. Boasting approximately 74 feet of frontage along S. Main Street and a 74x290 foot rectangular layout, the property offers ample space and high exposure. Currently housing a law firm, the flexible layout is ideal for a variety of commercial uses, including but not limited to, real estate offices, mortgage companies, or other professional services. The C Commercial District (B2 GENERAL) zoning allows for diverse commercial developments. Municipal utilities, including electricity, telephone, and natural gas, are readily available. A gravel parking lot provides convenient parking for employees and clients. The property is identified as L21-54-300-040-00 and is subject to certain easements and restrictions, unless waived by the owner. This prime location in the heart of Lapeer offers a unique chance to establish or expand a successful business. Don't miss this opportunity to own a highly visible and versatile commercial property in a thriving Michigan community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Total area 1,344 SF
    Lot 0.24 ac (10,367 SF)
    Zoning code B2 GEN
    APN L21-54-300-040-00
    UPID US43-4374794
    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
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    Owner & transaction history
    Putman Opportunities LLC
    Putman Opportunities LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    B2 GEN · Lapeer, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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