1616 Perkins St
Retail | 1,350 SqFt
Marketing description
Discover a truly unique commercial asset located at 1616 Perkins St in Lansing, MI. Originally built in 1953 and updated over the years, this 1,350 sq. ft. freestanding retail building offers an incredible opportunity for an owner-operator or an investor looking for a high-potential value-add project.
Perfectly nestled within a high-density residential pocket, this property stands completely alone without competing commercial buildings nearby, giving any new business a captured local audience and fantastic neighborhood foot traffic. While the property is zoned residentially, its commercial use is fully grandfathered, securing your business footprint in a prime residential area.
Whether you are looking to revive the classic neighborhood market, establish a hyper-local boutique or café, or split the building into dual income-producing streams, 1616 Perkins St offers a versatile canvas with built-in neighborhood demand.
Investment highlights
- Size & Structure:1,350 SF of main-level retail/office footprint plus a full basement, perfect for extra inventory, utility setups, or supplementary storage.
- Turn-Key Market Features:Formerly operated as a neighborhood convenience store. The main floor still features functional reach-in coolers, saving significant start-up capital for a grocery, deli, corner market, or café concept.
- Value-Add / Split Potential:The building is structurally and mechanically primed to be divided into two separate commercial or live-work units.
- Separate Utilities:Already equipped with two electric meters and provisions for two gas meters (one currently active), making a future multi-tenant split seamless and cost-effective.
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