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    OFF-MARKET
    Office buildings

    891 Baldwin Rd, Lapeer, MI 48446-3005

    988 SF 0.32 ac lot Built 1954
    Individually Owned 1-yr Hold
    Property ID
    US43-4326145
    Property summary
    AI-generated overview

    This exceptional 988-square-foot commercial building presents a remarkable investment opportunity in Lapeer, Michigan. Strategically located on a 0.33-acre lot at 891 Baldwin, this property enjoys a high-traffic location amidst established restaurants and shopping centers, ensuring excellent visibility and accessibility. Its convenient proximity to M-24 further enhances its appeal to a wide range of businesses. Previously used as a residential property, this building has undergone a complete zoning change to commercial use, streamlining the process for potential buyers. All necessary steps have been completed, including a professional survey and the approval of a comprehensive site plan, eliminating potential delays and uncertainties. The building's versatile layout offers significant potential for various commercial ventures, making it an ideal choice for entrepreneurs and investors seeking a well-positioned, ready-to-occupy space. The asking price is $199,000. This is a rare opportunity to acquire a turn-key commercial property in a thriving area with high foot traffic and excellent visibility. Don't miss this chance to establish your business in a prime location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1954
    Total area 988 SF
    Lot 0.32 ac (14,070 SF)
    Zoning code B2 GEN
    APN L20-98-704-050-00
    UPID US43-4326145
    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
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    Owner & transaction history
    Matthew Beasley · 1 yrs held
    Matthew Beasley
    since 2025
    7 recorded transactions
    2025
    2019
    $110,000
    2015
    2014
    $52,500
    2011
    2007
    $128,500
    2007
    $80,000
    Zoning & alternative use
    B2 GEN · Lapeer, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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