Listed by Woodworth Commercial Okemos
$1,400,000
Prime Downtown Lansing Redevelopment Property
Details
APN 33-01-01-15-155-045
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 14,835
Tenancy Vacant
Price per SqFt $94
Broker Co-Op Yes
Year Built 1962
Year Renovated 1990
Buildings 1
Stories 1
Acreage 1.028
Zoning F Commercial
Prime Lansing Redevelopment Property | 1.028 Acres
Marketing description
Free-standing retail building with excellent frontage on busy Michigan Ave. Building sits on 1.028 acres and is located between Sparrow Hospital and Jackson Field, offering a great redevelopment opportunity. Property provides access to Michigan Ave and Jerome Street, offering a great opportunity for drive-thru ingress/egress. Located in the heart of multiple development projects including the new Capitol City Market and former Clara's Restaurant. Walkable distance from popular Lansing night life bars and restaurants.
Investment highlights
Development Opportunity in Downtown Lansing
Walkable distance from popular Lansing night life
Blocks from Sparrow Hospital
Listing Contacts
Listed by Woodworth Commercial Okemos
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
