See all 58 photos
58 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$600,000
Est. payment /mo
4,184 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,184 sqft
Price per Sqft $143
MLS Listing ID 20261081044
Year Built 1890
Annual Tax Amount $4,671
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 33 x 77
Source Realcomp
Property Description
A rare opportunity to own the real estate and a fully operational, profitable restaurant in the heart of Downtown Lapeer. Villa Milano offers an established Italian restaurant and pizzeria along with its 4,184-square-foot building, creating an exceptional turnkey opportunity for an owner-operator or investor.The sale includes the business, real estate, and liquor license, allowing a new owner to step into an established operation with the infrastructure already in place. The restaurant accommodates approximately 90 guests indoors and features additional outdoor patio seating - perfect for taking advantage of downtown activity and seasonal dining.Adding tremendous versatility is a spacious 1,300+ square-foot second-floor apartment, offering potential for owner occupancy, management housing, or additional income.Located directly on W Nepessing Street in Downtown Lapeer, Villa Milano benefits from excellent visibility and convenient free public parking both in front of and behind the building. CBD-1 Central Business District zoning further enhances the property's long-term flexibility and investment potential.Whether you're an experienced restaurateur looking for a plug-and-play operation or an investor seeking a unique mixed-use commercial asset, Villa Milano presents the opportunity to acquire the property, business, liquor license, and an established downtown presence - all in one package.
Location
State MI
County Lapeer
Zoning Commercial
Direction West of Mason St on Nepessing in Downtown Lapeer
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Lapeer
Others
Tax ID L200260004000
Read Less Info
Listed by Diplomat Realty
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
QUICK SEARCH
- Who You Work With Matters!
- Shopping Interest Rates - The Truth!
- Draft Your Real Estate Bench!
- Starting Your Home Search - Making That First Call!
- Hire A Team That Answers Your Calls!
- Compliance fees - What you need to know!
- Getting To Know The Mortgage Consultant
- Married, But Spouse Has Bad Credit?
- Getting To Know Niki @ Title Connect