Redevelopment Opportunity on S. Martin Luther King Jr. Blvd.

Retail-Commercial for Sale
Catylist Listing ID: 30762795
Property Subtypes: Street Retail
Building Size (RSF): 43,241 SF
Gross Building Area: See Agent
Gross Land Area: 5.43 SF
Sale Price: $795,000
Unit Price: $18.39 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/30/2023

Overview / Comments

Former bowling alley with 5+ acres of paved parking. The property has a secured fenced-in storage area in the rear. Located 1.2 miles from the I-96 interchange.

Attachments & Media

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-05-05-226-090
Zoning: MXC
Largest Nearby Street: Martin Luther King Jr. Blvd.
Tenancy: Single Tenant
Number of Stories: 1
Year Built: 1960
Total Parking Spaces: 460
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,414 82,359 188,380
Median Age: 34.84 35.72 33.91
Households: 6,691 34,460 76,542


Photograph of Listing Agent

Shawn H. O'Brien, CCIM

Colliers Lansing CPIX Member
© Copyright 2001-2023 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.