Large Corner Lansing Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30811265
Property Subtypes: Street Retail, Other
Building Size (RSF): 20,319 SF
Gross Land Area: 0.40 Acres
Sale Price: $249,000
Unit Price: $12.25 PSF
Property Use Type: Vacant/Owner-User
Building Name: Park Furniture
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/4/2022

Overview / Comments

5 buildings that have been combined for a total of 20,319 SF on the corner of W. Saginaw and Chicago. Features large display windows on Saginaw St, great for retail business. Rear building entrance, convenient to large city parking lot located behind the building. Surrounded by family neighborhoods and blocks from St. Lawrence Hospital and Lansing Community College. High profile building on heavily trafficked thoroughfare through Lansing.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-01-08-485-071, 33-01-01-08-485-065, 33-01-01-08-485-062, 33-01-01-08-485-051, 33-01-01-08-485-041
Zoning: F-1
Tenancy: Single Tenant
Total Number of Buildings: 5
Number of Stories: 2
Year Built: 1924
Parking Type: Surface
Parking Description: City parking lot behind building

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,884 87,753 188,826
Median Age: 30.96 34.62 33.36
Households: 6,586 37,739 76,475


Photograph of Listing Agent

Todd M. Kosta

Woodworth Commercial LLC
CPIX Member
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