Price Reduction - Seller Financing
Address
5450-5456 Davison Road Lapeer, MI
Price
$ 149,900
Property Attributes
  • MLS#50013892
  • TypeCommercial
  • CountyLAPEER
  • CityLapeer
  • AreaElba Twp
  • NeighborhoodElba Twp
  • Zip48446
  • StyleCommercial/Industrial
  • Year Built1950
  • Taxes6682
  • Price$ 149,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2965
  • Lot Size2.17 Acres
Listing Provided Courtesy Of:
Ham Group Realty
Property Description

4 unit strip mall on over 2 acres just off Elba Rd. and I-69. Across from Dollar General, TC's Ice Cream, LRG Glass Service and Needful Truck Things. Lots of parking. Separate gas furnaces and A/C. City sewer. Was formerly office, retail and hair salon! Newer furnace (3 yrs) in west unit 5456 Davison Rd. Note Leases currently: 5450 is renting for $600 (month to month), 5452/54 rents for $500 (month to month) and 5456 is vacant. All units pay their own utilites. Great possibilities on this Commercial 1-RA zoning. Land contract terms $60,000 down payment, 3 years, 5%, $675 month. Winter tax of $6,047 includes $4,032 annual sewer assessment to 2027. Purchaser to assume sewer assessment in future tax bills.

Price History
6/10/2020 Listed $169,900
9/19/2020 6% - $159,900
11/10/2020 7% - $149,900

General Features

Associated Document Count 4
Class COM/IND/BUS OPP
Commercial Features Cable Internet Installed
Cooling Other, Window Unit(s)
Directions West of Maple Leaf Rd.
Financial Terms Cash, Conventional, Land Contract, Purchase Money MTG
Heating Other-See Remarks
Legal Description PART OF SEC 5 T7N R9E
Listing Area Elba Twp (44009)
Municipality Elba Twp
Originating Mls East Central Association of REAL
Ownership Private
Section 5
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Township Elba Township
Type Commercial/Industrial
Water Private Well
Year Built 1950
Zoning Mixed Use

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Frontage 192
Lot Dimensions 192 x 377
Lot Size Area 2.17
Roads Class A
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48446

Price
AVG $250K
$150K
Taxes
AVG $3,809
$6,682
Visits
AVG 5
15
Year Built
AVG 1957
1950
Walkscore
AVG 44
20
Data Provided by Walkscore ® not using MLS data