3315 S. Pennsylvania Ave.
Office
for Sale
| Catylist Listing ID: |
30762485 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
12,579 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.76 Acres
|
| Sale Price: |
$380,000 |
| Unit Price: |
$30.21 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Vacant/Owner-User |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/2/2023 |
Overview / Comments
Price Reduction - VALUE-ADD OPPORTUNITY - 12,579 SF office building for sale or lease located along Pennsylvania Avenue between Mt. Hope and Cavanaugh Road with drive-around capability.
|
Additional Details
| Nearest MSA: |
Lansing-East Lansing |
| County: |
Ingham |
| Taxing Authority: |
City of Lansing |
| Tax ID/APN: |
33-01-01-27-359-034 |
| Zoning: |
G-1 COMMERCIAL |
| Property Located Between: |
Mt. Hope and Cavanaugh Rd. |
| Highway Access: |
• 6.5 miles from US-127
• Less than 3.5 miles south of I-496 and 3.5 miles north from I-96 at Pennsylvania |
| Area Description: |
•Located less than 1 mile from McLaren Orthopedic Hospital
• 8 minutes (4.3 miles) from Michigan State University, 9 minutes
(3.3 miles) from downtown Lansing and 18 minutes ( 8.5 miles)
from the Capital Region International Airport
• Surrounding users include Career Quest Learning Center’s
Lansing Campus, The Salvation Army Distribution Center, Gilbert
Lumber Co, Michigan Orthopedic Center, LaFontaine Buick GMC
of Lansing and many more |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1963 |
| Construction/Siding: |
Block |
| Parking Description: |
Resurfaced front parking area, filled/sealed rear parking lot, restriped all parking lines. |
| Total Parking Spaces: |
45 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,808 |
100,679 |
225,137 |
| Median Age: |
35.56 |
31.56 |
33.52 |
| Households: |
5,269 |
39,920 |
90,019 |
|
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