Former Bank Branch

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30753609
Building Size (RSF): 7,100 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $179,000
Unit Price: $25.21 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Bank Branch
Usable Size (USF): 6,035 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

Retail/Office/Medical - Bank Branch Opportunity:
-7,100 sq. ft. building on 0.14 acre
-USPS currently leases 1,065 sq. ft. for $688/month. Lease expires 05/31/24
-Zoned Commercial
-No restrictions on financial institutions

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $3,470 (Annual)

Additional Details

Nearest MSA: Lansing-East Lansing
County: Shiawassee
Tax ID/APN: 014-60-005-010; 012
Zoning: B-1
Property Located Between: E. of Morrice Road
Traffic/Vehicle Count: 5,959
Number of Stories: 2
Roof Type: Flat
Exterior Description: Wood
Sprinklers: None
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,563 4,000 9,670
Median Age: 33.63 37.93 37.76
Households: 593 1,535 3,549

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