Retail Warehouse Old Town Lansing

Retail-Commercial for Sale
Catylist Listing ID: 30794213
Property Subtypes: Free-Standing Building, Retail-Pad
Building Status: Under Construction
Building Size (RSF): 2,905 SF
Gross Land Area: 0.13 Acres
Sale Price: $200,000
Unit Price: $68.85 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/3/2022

Overview / Comments

This retail building with warehouse is located a half block from Cesar Chavez Ave in Old Town Lansing. The property is currently leased through May of 2023 with long term tenant.
There is 1143 Sq Ft of warehouse storage in the back and 1,761 of retail in the front.
Building has boiler heat.
Great location in Old Town for your own business or even to hold for future redevelopment.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing / Ingham County
Tax ID/APN: 33-01-01-09-331-122
Zoning: MX-3 DISTRICT MIXED USE CENTER (FORMERLY F-1 COMMERCIAL)
Retail Clientele: General, Family
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,683 86,091 194,031
Median Age: 29.74 32.79 32.76
Households: 6,284 36,413 77,172

Contact

Photograph of Listing Agent

Matthew Wisniewski, CCIM

RE/MAX COMMERCIAL GROUP CPIX Member
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