3022-3026 E Michigan Ave 5,000 SF 100% Leased Retail Building Lansing, MI 48912 £519,846 (£103.97/SF)
INVESTMENT HIGHLIGHTS
- Perfect retail location corner of Us-127 and E Michigan.
EXECUTIVE SUMMARY
Perfect retail location corner of Us-127 and E Michigan, across from Frandor shopping Center and walking distance to MSU. Three (3) leasable suites or property can be combines for a total of 4,452 square feet, depending upon user. Ideally located near East Lansing, but resides in Lansing Township. high traffic counts on E Michigan and centrally located between Capital and the University with quick access to all major roads and highways.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
1960
Price
£519,846
Price Per SF
£103.97
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.72
Lot Size
0.16 AC
Zoning
F COMME
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
69 ft on E Michigan Ave
AMENITIES
- Bus Route
- Signage
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-01-14-404-028 | Improvements Assessment | £82,045 |
| Land Assessment | £24,109 | Total Assessment | £106,154 |
