For Sale
700 S LAPEER Road, Lake Orion, MI 48362
$149,900
MLS # 2210068186 (Realcomp)
15,592 sqftBuilt 19862.43 acres
1 / 6
Listing Description
HIGHLY SUCCESSFUL TUBBY’S SUB FRANCHISE SHOP, PRIME LOCATION IN DOWNTOWN LAKE ORION ON LAPEER RD, VERY PROFITABLE, EASY TO OPERATE, LOW OVERHEAD. 18 YEARS IN BUSINESS GROSSING $25,000 A MONTH, RENT AND EXPENSES $4,350 INCLUDES ALL THE UTILITIES. WITH DINING AREA OF 16 SEATS. LOTS OF ROOM FOR GROWTH IN CATERING AND PARTY BUSINESS. INVENTORY ABOUT $5,000. BUSINESS HOURS 10-9 MONDAY THROUGH SATURDAY SUNDAY 11-7. SUPPORT AND TRAINING BY TUBBY’S CORPORATE OFFICE. PLEASE DO NOT APPROACH ANY EMPLOYEES FOR INFORMATION. CALL AGENT FOR MORE INFORMATION. MOTIVATED SELLER, BUYERS MUST BE ACCOMPANIED BY SHOWING AGENT AT ALL TIMES.
Source: SparkMLS
About this home
This 15,592 sq ft home built in 1986 sits in Orion Township in Lake Orion.
Asking $149,900 (about $10/sq ft).
Annual property taxes run approximately $44,443 ($3,704/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeBusiness Opportunity
Bathrooms0
Living Area15,592 sqft
Lot Size2.43 acres
Year Built1986
Location
CityLake Orion
MunicipalityOrion Charter Twp
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed8/16/2021
Original Price$99,900
Source: SparkMLS
Tax Information
Annual Tax$0
State Equalized Value$944,280
Taxable Value$674,000
Parcel #0911428011
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Wisam A Putrus
365 REALTY
Frequently Asked Questions about 700 S LAPEER Road, Lake Orion, MI 48362
What school district is 700 S LAPEER Road, Lake Orion, MI 48362 in?
Per MLS# 2210068186, this property is served by Lake Orion. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Is 700 S LAPEER Road, Lake Orion, MI 48362 eligible for USDA financing?
Per USDA Rural Development boundary data, 700 S LAPEER Road, Lake Orion, MI 48362 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 700 S LAPEER Road, Lake Orion, MI 48362 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$44,443
Monthly$3,704
Millage rate47.0657 mills
Municipality: CHARTER TOWNSHIP OF ORION
School district: PONTIAC CITY SCHOOL DISTRICT
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$4,676
Principal & interest$972
Property taxes$3,704
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
700 S LAPEER Road, Lake Orion, MI 48362
View full property history →
Municipality
Orion Township
View all listings →
County
Oakland County
View county overview →
Get email alerts for new listings near 700 S LAPEER Road
We'll notify you when something hits the market in Orion Township or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.