255 McCormick Drive Lapeer, MI 48446

Great opportunity in the City of Lapeer located in a green zone (marijuana and cannabis) for licensees. Warehouse has high ceilings and tons of voltage. There are two 220 Volt electric boxes with 2 other ones. Also located in an opportunity zone. New roof in 2010. Updated throughout the years. Clean, well shown building with extra lot for possible spit. Property backs up to a stream. Clean, updated offices and conference rooms. Kitchen area, four offices, three bathrooms with one shower. Warehouse has approximated 22' ceiling with approx. 12' roll-up, overhead door. Offices have central air and the warehouse has two air conditioning units. Building has a current paying tenant that pays timely. Land crosses Hunter Creek. Lot size 220' X 247'. 4800 Approximate square footage on 1.22 acres. Approx 6.76% cap rate. East of Lapeer Rd (M-24/Main St)  North of I-69.  zoned (L1) light industrial Trucks have easy access to major north/south commercial routes (including M-24 and I-69 or I-94).