Fully Leased Investment Opp Across From MSU
Retail-Commercial
for Sale
| Catylist Listing ID: |
30622166 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail
|
| Building Size (RSF): |
2,640 SF
|
| Gross Land Area: |
0.05 Acres
|
| Sale Price: |
$975,000 |
| Unit Price: |
$369.32 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Puff Puff Smoke Shop |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/27/2021 |
Overview / Comments
Ground floor is fully leased to Puff Puff Smoke Shop; upper floor is fully leased 3-bedroom apartment licensed for 4.0.051-acre site zoned B3, City Center Commercial; one block from MSU Campus.
|
Additional Details
| Nearest MSA: |
Lansing-East Lansing |
| County: |
Ingham |
| Taxing Authority: |
City of East Lansing |
| Tax ID/APN: |
33-20-02-18-162-005 |
| Zoning: |
B3 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
31,711 |
96,479 |
186,114 |
| Median Age: |
23.55 |
29.97 |
32.57 |
| Households: |
7,080 |
35,674 |
74,482 |
|
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