Retail Building For Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Shopping Center
Catylist Listing ID: 30048742
Property Subtypes: Convenience Store, Free-Standing Building, Retail-Pad
Status: Pending/Contingent
Building Size (RSF): 11,235 SF
Gross Land Area: 1.03 Acres
Sale Price: $550,000
Unit Price: $48.95 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Gormans Market
Usable Size (USF): 11,235 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

The site is currently a working grocery store. Price includes all equipment; inventory and liquor license is not included in the sale but is available.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing - Ingham County
Tax ID/APN: 33-01-01-05-401-132
Zoning: F COMMERCIAL
Retail Clientele: General, Family
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 11,235 SF
Property Condition: Excellent
Year Built: 1990
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,045 70,127 167,637
Median Age: 33.19 34.89 34.11
Households: 2,812 29,914 68,224

Contact

Photograph of Listing Agent

Matthew Wisniewski, CCIM

RE/MAX COMMERCIAL GROUP CPIX Member
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