Affordable Office Space For Lease or Sale
Office
for Sale
Also listed as Retail-Commercial
Catylist Listing ID: |
30810144 |
Property Subtypes: |
Office Building
|
Building Size (RSF): |
5,280 SF
|
Gross Land Area: |
0.81 Acres
|
Sale Price: |
$315,000 |
Unit Price: |
$59.66 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment, Business |
Building Name: |
Bardaville Office Building |
Class of Space: |
Class C |
Sale Terms: |
Cash to Seller, Owner Financing |
Cap Rate: |
Undisclosed |
Last Updated: |
9/19/2023 |
Overview / Comments
Very affordable office space leasing from $300.00 per month & up. There are spaces available as small as 300 sq. ft. up to as much as 1500 Sq. ft. The leases are full service. The space is neat, clean, has 40+ parking spaces, and is well maintained. The building is located just off Grand River Ave, one block east of Waverly Rd., which means it's less than 3 minutes to Capitol City Airport, I-96, and downtown Lansing. Owner is very motivated to sell, and will look at all offers.
SEE VIRTUAL TOUR HERE: https://rem.ax/3310bardavilledrvirtualtour
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Financials
Finance Data Year |
2010 |
Real Estate Taxes - Annual($) |
$11,292 (Annual) |
Assessed Value - Total($) |
$174,100 (Annual) |
Additional Details
Nearest MSA: |
Lansing-East Lansing |
County: |
Ingham |
Taxing Authority: |
Lansing |
Tax ID/APN: |
01-01-06-104-051 |
Zoning: |
COMMERCIAL/RESIDENTIAL |
Market Type: |
Medium |
Property Located Between: |
Waverly Rd. & MLK Jr. Blvd |
Side of Street: |
East |
Road Type: |
Paved |
Property Visibility: |
Fair |
Transportation: |
Bus, Highway, Airport, Taxi |
Highway Access: |
3 min. or less from I96 |
Airports: |
Capitol City |
Site Description: |
Pleasant, quiet well maintained building and grounds. Located in an area with residential rentals, and office/warehouse space. Could be converted to residental space. |
Area Description: |
The area is a mix of Retail, office, multifamily, and single family homes, with quick access to everywhere. |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Year Built: |
1971 |
Roof Type: |
Gable |
Construction/Siding: |
Brick/Aluminum Siding |
Parking Type: |
Surface |
Parking Description: |
Parking front & back |
Total Parking Spaces: |
40 |
Sprinklers: |
None |
Heat Type: |
Electricity |
Heat Source: |
Baseboard, Central |
Air Conditioning: |
Package Unit |
Internet Access: |
Cable, Satellite |
Interior Description: |
Presently divided into 13 separate units ranging from 100 sq.ft. to 1680 sq.ft. Offices can be structured in many different floor plans. |
Zoning Description: |
Commercial, can be office, or multifamily, or Residential |
Lot Frontage: |
210.7 |
Lot Depth: |
152 |
Sewer Type: |
Municipal |
Easements: |
Pipelines, Electric Lines, Utilities |
Legal Description: |
LOT 3 BARDAVILLE PLAZA |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
5,316 |
55,957 |
134,967 |
Median Age: |
37.15 |
37.36 |
36.57 |
Households: |
2,233 |
24,101 |
58,083 |
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