2320 E Saginaw, Lansing
Retail-Commercial
for Sale
| Catylist Listing ID: |
30835572 |
| Property Subtypes: |
Free-Standing Building, Vehicle Related
|
| Building Size (RSF): |
1,698 SF
|
| Gross Land Area: |
0.37 Acres
|
| Sale Price: |
$550,000 |
| Unit Price: |
$323.91 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
1,698 SF |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/26/2023 |
Overview / Comments
|
Prime Commercial property for sale! Under the same ownership for the last 50 years. Sale includes two city parcels with 264'of frontage on Saginaw between N.Foster and N.Hayford and a 1700 sq ft automobile repair shop. Shop has two private offices, 3 overhead doors (1-8'x8')(1-8'x10')(1-10'x10') and 3 car lifts. Building has a clear height of 13', new roof approximately 8 years old. Highly visible property, with a daily vehicle count in excess of 20,000
|
Additional Details
| Nearest MSA: |
Lansing-East Lansing |
| County: |
Ingham |
| Taxing Authority: |
Lansing |
| Tax ID/APN: |
33-01-01-14-105-441 / 33-01-01-14-105-011 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Business, Other |
| Property Located Between: |
N.Foster and N.Hayford |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
E. Saginaw |
| Feet of Frontage: |
264 |
| Highway Access: |
1/2 from127 |
| Airports: |
Lansing Regional |
| Site Description: |
two parcels / Currently private owned auto repair facility |
| Area Description: |
Residential neighborhood with retail, office, shopping and highway 127 half mile away |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
1931 |
| Year Renovated: |
2015 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Exterior Description: |
Block Building - Flat roof (8 years old ) |
| Total Parking Spaces: |
20 |
| Parking Type: |
Surface |
| Parking Description: |
Asphalt / Gravel |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas, Other |
| Heat Source: |
Ceiling Units |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
Commercial |
| Lot Frontage: |
264 |
| Lot Depth: |
66 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
(Parcel 1) LOT 223 & S 25 FT LOT 224 FOSTER FARM
(Parcel 2) LOTS 77 & 78 FOSTER FARM |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
19,531 |
111,943 |
201,743 |
| Median Age: |
31.74 |
29.42 |
32.76 |
| Households: |
8,685 |
42,113 |
80,127 |
|
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