Lansing Flex-Space User/Investment Opportunity

Industrial for Sale
Catylist Listing ID: 30835593
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 6,631 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 Acres
Sale Price: $355,000
Unit Price: $53.54 PSF
Ceiling: 13 ft.
Docks/Doors: 4 Doors
Office SF: 1,631 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/22/2023

Overview / Comments

This four-unit site condo is an ideal property for a user or investor interested in a
flex building opportunity. Approximately, 30% of the building is leased on a short-term basis.

Attachments & Media

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-01-34-453-002
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1976
Parking Type: Surface
Total Parking Spaces: 20
Overhead Cranes: Undisclosed
X-Phase: single
Zoning Description: IND-1 Suburban Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,537 82,793 202,338
Median Age: 34.25 33.27 33.16
Households: 3,274 33,290 79,686


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