

Listed by Worth Clark Realty
$259,000
3436 Ridge Road 1-5
Details
APN 30321240420000
Property Type Office
Sub Type Traditional Office, Office/Tech
Units 5
NOI $20,929
Year Built 1964
Lot Size (SqFt) 3,843
Office
Marketing description
Fantastic Investment Opportunity in the Heart of Downtown Lansing! Discover this all-brick 5-unit commercial office building, perfectly positioned in a prime downtown location. This property fills an underserved niche in Lansing's commercial market - offering small, affordable office spaces ideal for independent professionals and entrepreneurs alike. Each suite provides flexibility for a variety of uses - perfect for attorneys, accountants, insurance agents, counselors, real estate professionals, startups, and more. Whether you're looking to move your own business in for less than the cost of rent while tenants cover your overhead, or to add a stable, long-term investment to your portfolio, this property delivers. Prime downtown location All-brick, low-maintenance building Ideal for small business tenants Great income and owner-occupant potential ***Please do not disturb current tenants.
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Listed by Worth Clark Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$20,929.00
$1,744.08/mo
Valuation Metrics
0
DSCR
8.08%
Cap Rate
8.08%
ROI
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