For Sale
525 N Saginaw Street, Lapeer, MI 48446
$310,000
MLS # 26026066 (Michigan Regional Information Center (MichRIC))
2 bathsBuilt 19400.22 acres
1 / 15
Listing Description
Outstanding commercial opportunity in Downtown Lapeer! Located on a busy corner lot, this 3,000 sq. ft. building offers great visibility and the convenience of its own private parking lot with 11 spaces which is a rare find in the area. A shared driveway provides access to a rear loading area, making deliveries and operations seamless. Inside is an adaptable layout that can accommodate a wide range of business ventures, and the property includes two restrooms. Whether you're an owner-occupant or investor, this versatile space is ready to support your vision. BATVAI.
Source: SparkMLS
About this home
Located in Lapeer in Lapeer, this property offers 2-bath, with original construction dating to 1940.
Asking $310,000.
Property tax estimate: $4,160 per year ($347/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeIndustrial
Bathrooms2
Lot Size0.22 acres
Year Built1940
Location
CityLapeer
MunicipalityLapeer Twp
Zip Code48446
CountyLapeer
School DistrictLapeer
Construction & Systems
HeatingForced Air
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
InteriorBroadband
Sale & Financing
Listed5/31/2026
Terms AcceptedConventional, Land Contract, Cash
Source: SparkMLS
Tax Information
Annual Tax$4,160
Tax Year2025
Assessed Value$86,955
Parcel #L20-12-900-040-00
Source: SparkMLS
Legal Description
Legal address too long to input
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Justice Johnson
Keller Williams Paint Creek
Frequently Asked Questions about 525 N Saginaw Street, Lapeer, MI 48446
Which school district serves 525 N Saginaw Street, Lapeer, MI 48446?
Per MLS# 26026066, 525 N Saginaw Street, Lapeer, MI 48446 is in the Lapeer boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lapeer directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26026066, this listing accepts Conventional, Land Contract, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 525 N Saginaw Street, Lapeer, MI 48446?
Per public tax records, annual property taxes for this property are $4,160 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 525 N Saginaw Street, Lapeer, MI 48446 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 525 N Saginaw Street, Lapeer, MI 48446 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 525 N Saginaw Street, Lapeer, MI 48446?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Lapeer Twp police department or the Lapeer County sheriff's office.
Map
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Monthly payment$2,011
Principal & interest$2,011
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
525 N Saginaw Street, Lapeer, MI 48446
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Municipality
Lapeer
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