844 Main St Lapeer, MI 48446-3027
This exceptional 2,912-square-foot freestanding building, situated on a 0.47-acre lot in Lapeer, Michigan, presents a remarkable opportunity for businesses seeking a prime location. Boasting a highly visible position at the well-lit intersection of South Main Street and Baldwin Road, this property benefits from significant foot traffic and easy accessibility. Its strategic placement near major retailers such as Meijer, Culver's, Domino's, Tropical Smoothie, and Marshalls ensures high visibility and convenient access for clients and employees. The building is zoned B2 General Business, offering versatility for various uses, including medical, office, or retail. The property includes 20 dedicated parking spaces, a fully built-out medical space featuring three exam rooms (each with sinks), five private offices, and a spacious glass-front reception and waiting area. A full basement provides ample storage and utility access, allowing for flexible modifications. Three restrooms are available, two on the main floor and one in the basement. A reliable automatic generator ensures uninterrupted operations. This turnkey solution combines a desirable location with functional features, making it an ideal investment for businesses seeking to establish or expand their presence in a thriving commercial area. The property's address is 844 S Main St, Lapeer, MI 48446, and is located in Lapeer County.
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.