393 W Nepessing Street
Lapeer, MI 48446
$600,000
- Finished sq ft
- 4,184
- Lot
- 0.14 acres
- Year built
- 1890
- Property type
- C
- County
- Lapeer
- MLS #
- 20261081044
About this home
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, liquor license, and the real estate, 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.
Listing courtesy of Diplomat Realty · Realcomp · Listing agent: Nicholas Sinishtaj
Listing data is provided through the IDX programs of MichRIC, Realcomp, MiRealSource, Northern Great Lakes MLS, and Greater Lansing REALTORS. Information is deemed reliable but not guaranteed and should be independently verified. Listings held by brokerages other than Bergrand Realty are marked with the listing brokerage's name. Last updated November 8, 2026.








































