5450-5456 Davison Road

Lapeer, MI
$ 149,900 Beds 0 Baths 0 Sq 2,965
Monthly Estimate* How much can I afford?

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.

Commercial

  • Price
  • $ 149,900
  • Lot Size
  • 2.17 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,965
  • Full Bathrooms
  • 0
  • Year Built
  • 1950
  • Half Bathrooms
  • 0
  • City, Zip
  • Lapeer
  • Taxes
  • 6682
  • County
  • LAPEER
  • Style
  • Commercial/Industrial
  • Area
  • Elba Twp
  • MLS#
  • 50013892
  • Zip
  • 48446
Listing Provided by: Ham Group Realty

Features

General

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Shelby Township, MI office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

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

Property vs Zip Code Average in 48446

Price
AVG $330K
$150K
Taxes
AVG $4,462
$6,682
Visits
AVG 9
23
Year Built
AVG 1954
1950
Walkscore
AVG 43
20
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

5450-5456 Davison Road Lapeer, MI is a Single Family Home for sale at $149900 with 2965 sqft and a lot size of 2.17 Acres Acre(s). 5450-5456 Davison Road Lapeer has 0 bedrooms, 0 baths and was built in 1950. The property's zip code is 48446 which is in Lapeer, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.