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244 S Court St 25,311 SF 100% Leased Industrial Building Lapeer, MI 48446 $2,500,000 ($98.77/SF)



Investment Highlights
- Lot may be split, developed, or fenced for outside storage.
- Close to downtown restaurants, county offices, and shops
- Marijuana cultivation not an approved use
- 100% fire suppression, shop AC, LED lighting, heavy 480 v power and 220, amperage to be verified
- Three 12' high drive ins and an exterior truck well
Executive Summary
25,311 ft industrial building on 6.3 acres in Lapeer for sale at $2,500,000.00
Property Facts
| Price | $2,500,000 | Rentable Building Area | 25,311 SF |
| Price Per SF | $98.77 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1970 |
| Property Type | Industrial | Parking Ratio | 1.03/1,000 SF |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 6.00 AC | Opportunity Zone |
Yes
|
| Zoning | I1 INDU | ||
| Price | $2,500,000 |
| Price Per SF | $98.77 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 6.00 AC |
| Rentable Building Area | 25,311 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 1.03/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | I1 INDU |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | L21-28-200-040-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $666,800 |
Property Taxes
Parcel Number
L21-28-200-040-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$666,800
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244 S Court St
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