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436 S Main St
Lapeer, MI 48446
Retail Property For Sale


Investment Highlights
- Freestanding commercial building along South Main Street.
- Positioned within an established retail and restaurant corridor.
- Existing restaurant infrastructure supports adaptive reuse potential.
- Located on approximately 0.95 acres with multiple access points.
- Prominent frontage provides strong visibility to passing traffic.
- Surrounded by national retailers, services, and neighborhood businesses.
Executive Summary
Located along South Main Street, one of Lapeer's primary commercial corridors, 436 S Main Street presents an opportunity to acquire a freestanding commercial property with existing restaurant infrastructure, strong visibility, and long-term redevelopment potential. The property consists of a 2,431-square-foot building situated on approximately 0.95 acres, providing ample site area, multiple access points, and substantial parking capacity.
The asset benefits from a highly visible location within an established retail trade area surrounded by national retailers, restaurants, financial institutions, service providers, and neighborhood businesses that generate consistent consumer activity. Its position along a major commercial thoroughfare offers prominent frontage and convenient access for customers traveling throughout the Lapeer market. The surrounding area is supported by a stable residential base and established commercial development patterns, contributing to continued demand for retail, restaurant, medical, and service-oriented uses.
Previously occupied by Wendy's, the property offers a recognizable restaurant location with an existing drive-thru-oriented site layout and a history of food service operations. Investors and owner-users may find value in maintaining the current use, repositioning the asset for an alternative commercial concept, or exploring future redevelopment opportunities supported by the site's size and visibility.
The combination of a freestanding building, established commercial setting, strong exposure, and flexible reuse potential creates an attractive opportunity within one of Lapeer's most active commercial corridors.
The asset benefits from a highly visible location within an established retail trade area surrounded by national retailers, restaurants, financial institutions, service providers, and neighborhood businesses that generate consistent consumer activity. Its position along a major commercial thoroughfare offers prominent frontage and convenient access for customers traveling throughout the Lapeer market. The surrounding area is supported by a stable residential base and established commercial development patterns, contributing to continued demand for retail, restaurant, medical, and service-oriented uses.
Previously occupied by Wendy's, the property offers a recognizable restaurant location with an existing drive-thru-oriented site layout and a history of food service operations. Investors and owner-users may find value in maintaining the current use, repositioning the asset for an alternative commercial concept, or exploring future redevelopment opportunities supported by the site's size and visibility.
The combination of a freestanding building, established commercial setting, strong exposure, and flexible reuse potential creates an attractive opportunity within one of Lapeer's most active commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,431 SF
Building Class
C
Year Built
1976
Price
$2,500,000
Price Per SF
$1,028.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.95 AC
Zoning
C - Commercial
Frontage
130’ on Main St
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | L21-55-800-040-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $333,000 |
Property Taxes
Parcel Number
L21-55-800-040-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$333,000
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