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