Businesses and Real Estate for Sale Near MSU
Retail-Commercial
for Sale
| Catylist Listing ID: |
30704074 |
| Property Subtypes: |
Restaurant, Street Retail
|
| Building Status: |
Proposed |
| Building Size (RSF): |
7,975 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.37 Acres
|
| Sale Price: |
$1,475,000 |
| Unit Price: |
$184.95 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Vacant/Owner-User, Business |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/25/2021 |
Overview / Comments
Prime opportunity to purchase well established Indian restaurant, banquet center and Indian grocery store near Michigan State University. Located on Trowbridge Rd south of US-127 along a major thoroughfare to campus and adjacent to the new Springhill Suites. The site provides an opportunity to service MSU’s 50,000 students, 13,000 faculty members, as well as visitors and event-goers. Also, 2,660 SF commercial kitchen available for lease.
|
Additional Details
| Nearest MSA: |
Lansing-East Lansing |
| County: |
Ingham |
| Taxing Authority: |
City of East Lansing |
| Tax ID/APN: |
33-20-01-24-122-015 |
| Zoning: |
B-2 |
| Largest Nearby Street: |
Trowbridge Rd. |
| Tenancy: |
Multiple Tenants |
| Interior Description: |
See listing package for interior features. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,560 |
107,475 |
201,009 |
| Median Age: |
22.28 |
30.27 |
32.41 |
| Households: |
2,350 |
40,845 |
80,352 |
|
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