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32195260

2937 S Martin Luther King Jr Blvd, Lansing, MI 48910

MW
MI MI 6501360426
RE/MAX Commercial Group
Listed by RE/MAX Commercial Group
$239,000
36 days on market
Updated 7 days ago

Auto Sales & Service Lot

Details
APN 33-01-01-29-426-051
Property Type Retail, Mixed Use
Sub Type Storefront, Auto Shop (+1)
Square Footage 1,251
Occupancy 100%
Tenancy Single
Lease Type Modified
Remaining Term 1
Price per SqFt $191
Class C
Year Built 1956
Buildings 1
Stories 1
Acreage 0.386
Zoning MX-2
Parking Spaces 45 spaces
Parking Per SqFt 35.97
Investment Type Net Lease
Ground Lease No
Ceiling Height 10'

Leased Car Sales Lot in City of Lansing

Marketing description

This exceptional auto sales and service property offers a rare opportunity for investors seeking immediate cash flow in a high-visibility location along South Martin Luther King Jr Boulevard in the City of Lansing.

The site spans 0.386 acres (.386 acres) and features a fully paved, solid-surface concrete lot designed specifically for vehicle display and parking. The expansive hardscape easily accommodates 50+ vehicles, providing ample room for inventory showcasing, customer parking, and efficient operations.

The 1,251 sq ft building is well-suited for automotive use and includes:

• A single drive-in overhead door leading into a service/detailing bay
• A two-post hoist for vehicle maintenance and repairs
• Complementary office space and restroom facilities

This functional layout supports sales, light service work, detailing, or a combination of uses, making it versatile for various automotive businesses.

Currently occupied by a reliable in-place tenant, the property delivers immediate income and strong appeal for investors looking for a hands-off, income-producing asset with built-in cash flow. The turn-key setup minimizes vacancy risk and allows new owners to benefit from established operations right away. Located on a major thoroughfare in Lansing, the property benefits from excellent visibility, easy access, and proximity to local traffic patterns that support retail automotive businesses. Whether you're an investor, operator, or expanding dealership, this solid-surface auto lot with service capabilities represents a strong value-add opportunity in the greater Lansing market.

Investment highlights

  • 1,251 sq ft building with overhead door and two-post hoist
  • 0.386-acre fully paved lot (concrete surface)
  • Capacity for 50+ vehicles
  • In-place tenant providing immediate rental income
  • Ideal for auto sales, detailing, light service, or investment

Listing Contacts

MW
MI MI 6501360426
RE/MAX Commercial Group
Listed by RE/MAX Commercial Group

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Additional Information

Name
Matthew Wisniewski
License
MI 6501360426
Brokerage Phone
517-321-2800
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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