2200 E Michigan Ave 2,392 SF Vacant Office Building Lansing, MI 48912 £217,733 (£91.03/SF)
INVESTMENT HIGHLIGHTS
- Great Traffic
- Located in Leslie Park district.
- Close to everything Lansing & East Lansing
EXECUTIVE SUMMARY
Zoned F-1 Commercial available in the heart of the Lansing business corridor. Current owner is a Non-Profit therefore exempt from property taxes. Updated 1196 sqft of office space on first floor with a Lav - Apartment above is 1196 sqft with 3 bedrooms & 1 bath. Full Basement - good storage. 7 on-site parking spaces, plus on-street parking. This property is eligible for a City of Lansing Facade Improvement Grant. Matching funds up to $30,000 are possible. The grant info is attached to this listing.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,392 SF
Building Class
B
Year Built
1910
Price
£217,733
Price Per SF
£91.03
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,196 SF
Building FAR
0.78
Lot Size
0.07 AC
Zoning
Commercial - Commercial Zoned District
Parking
7 Spaces (2.93 Spaces per 1,000 SF Leased)
AMENITIES
- Central Heating
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 01-01-14-304-001 | Improvements Assessment | £4,294 |
| Land Assessment | £8,363 | Total Assessment | £12,657 |
