Listed by Keller Williams Legacy
$650,000
16991 S Us Highway 27
Details
APN 05003430005000
Property Type Retail, Industrial
Sub Type Convenience Store, Storefront
Square Footage 14,684
NOI $60,826
Year Built 1958
Acreage 1.110
Retail | 14,684 SqFt
Marketing description
This well-maintained 7-unit retail plaza offers a prime investment opportunity in Lansing, Michigan.
Located on the highly visible Old U.S. 27 corridor, the property features a diverse tenant mix including retail, food service, electrical, and storage businesses. With a strong monthly rental income and one vacant 1,200 sqft storage unit, this property provides significant upside potential for an investor seeking stable cash flow and value-add opportunities.
Recently completed façade and site improvements enhance the curb appeal and functionality of the property, making it an attractive option for tenants and investors alike.
Listing Contacts
Listed by Keller Williams Legacy
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,826.14
$5,068.85/mo
Valuation Metrics
0
DSCR
9.36%
Cap Rate
9.36%
ROI
Map
Zoning
BC CommercialSpecial CommercialCommunity Business
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View all 115 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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