1102 S Washington Ave | Lansing, MI 48910
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1102 S Washington Ave
Lansing, MI 48910
Retail Property For Sale
Investment Highlights
- Corner location
- Excellent visibility in REO-TOWN
- Free-standing building
Executive Summary
Free-standing building in REO-Town located on the corner of S. Washington and W. Elm Street. Great location for restaurant/bar/coffee shop. Large garage door style windows, partially renovated in 2018, ready for owner/user improvements. Large parking lot, excellent visibility. Property is close to the Grand River and is located near the Lansing River Trail W. Elm entrance.
3 additional parcels included along Elm Street making total acreage available 0.36 acres. Zoned F Commercial.
3 additional parcels included along Elm Street making total acreage available 0.36 acres. Zoned F Commercial.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,813 SF
Building Class
C
Year Built/Renovated
1936/2018
Price
£231,401
Price Per SF
£128
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Land Acres
0.36 AC
Zoning
MX-3 - District Mixed-Use Center
Parking
16 Spaces (8.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
PROPERTY TAXES
Parcel Number | 01-01-21-178-040 | Improvements Assessment | £28,003 |
Land Assessment | £14,512 | Total Assessment | £42,515 |
PROPERTY TAXES
Parcel Number
01-01-21-178-040
Land Assessment
£14,512
Improvements Assessment
£28,003
Total Assessment
£42,515
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