1109 W GENESEE Street Lapeer ( Michigan, US - 48446) Built

$3,000,000

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Michigan Homes and Cottages

Kersh | Lauri | Jillyn | Michigan Homes and Cottages 616.594.0749 (Cell) Request More Info

Commercial, Real Estate Only - Lapeer, MI
Type: Commercial
Size: 2,592 sq. ft.
Lot Size: 1.09 acres
Year Built: 1890
MLS #: 2200100924

Description

Commonly know as "the Lapeer Castle", Commercial Listing; in preparation to meet the Lapeer City Master Plan for this area. This property is a prime opportunity to own a Certified Historical 1890 Home (to move to a new location) or to salvage historical building materials; would make a great bed and breakfast, offices or antique shop. This area is destined to be developed (along with the neighboring properties). Disclosure: A recent structural concern prohibits occupancy as a residential property (as is), at this time. Seeking a developer with plans to meet the City Master Plan. Pre-Qualified buyers may schedule a showing with a 48+ hour notice. All buyers must be accompanied by a Michigan Licensed Agent, at all times. Caution/Care and Concern should be maintained during all showings. Historical stair cases do not meet current building codes. Beyond the salvaging of the historical values of this site, the value is in the location of this property. Pre-Qualified Buyers Only

Highlights

Exterior Finish: Block, Brick and Wood, Concrete Block, Masonry, Stone, Wood
Heating: Radiant
Roof: Asphalt

Brokered and Advertised by : RE/MAX Eclipse

Population

Total population	31,014
Male population	15,921
Female population	15,093
Median age	44.00
Median age (male)	42.10
Median age (female)	46.40

Marital status (Number of people who have the following marital status)

Never married	7,089
Married	14,130
Separated	369
Widowed	1,531
Divorced	3,230

Population by age

Under 15	5,034
Age 15 to 24	3,588
Ages 25 to 44	7,189
Ages 45 to 64	9,431
Age 65 and over	5,772

Population mobility

Live in the same house as 1 year ago	26,109
Moved from abroad	125
Moved from a different state	239
Moved from the same county	2,273
Moved from the same state	1,907

Population by poverty level

Above poverty level	25,689
Below poverty level (daily income under $1.90/day)	3,322

Employment

White collar	8,902
Blue collar	4,202

Class of worker

Self employed	1,248
Private company	9,708
Not for profit company	1,114
Government workers	1,034

Households

Total households	12,040
Family households	8,265
Non-family households	3,775
Households with children	3,205
Households without children	8,835
Average people per household	2.43

Education (Number of people who have achieved the following levels of education)

No high school	509
Some high school	10,935
Some college	8,390
Associate degree	2,571
Bachelors degree	2,842
Graduate degree	Not available

Income/Financial

Average household income	$69,084
Median household income	$57,529
Median income under 25	$33,393
Median income 25-44	$60,258
Median income 45-64	$70,745
Median income over 65	$44,525

Housing occupancy

Housing units	12,864
Occupied housing units	12,040
Owner occupied units	9,658
Renter occupied units	2,382
Median housing costs per month	$878
Median gross rent per month	$773

Housing by year built

Year built median	1977
Built before 1939	1,467
Built between 1940 and 1949	472
Built between 1950 and 1959	1,073
Built between 1960 and 1969	1,262
Built between 1970 and 1979	3,255
Built between 1980 and 1989	1,533
Built between 1990 and 1999	2,319
Built between 2000 and 2009	1,305
Built after 2010	178

Housing mortgage situation

Houses with mortgage	6,114
Houses without mortgage	3,544
Median value with mortgage	$165,300
Median value without mortgage	$120,500

Demographic data shown in this section was gathered from the 2019 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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Information is deemed to be correct but not guaranteed.