601 E Michigan

Hospitality for Sale
Catylist Listing ID: 29950861
Number of Units: See Agent
Building Size (RSF): 0 SF
Gross Building Area: See Agent
Sale Price: IRR349,900
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/27/2016

Overview / Comments

Great location across from Lugnut (Cooley Law) Stadium. Former night club-Rum Runners. Contact list agent for all showings.

Financials

Finance Data Year 2016
Net Operating Income $0 (Annual)
Potential Rental Income $0 (Annual)
Gross Operating Income $0 (Annual)
Down Payment $0

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-01-16-277-171
Zoning: COMM
Retail Clientele: General, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: Larch
Highway Access: Easy access to interstate expressways.
Airports: Greater Lansing International Airport-3 miles
Site Description: Highly visible across from Cooley Law (Lug Nut Stadium) and 1 block from the Lansing Center.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1907
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Other
Parking Description: Off site in surrounding area.
Passenger Elevators: 1
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Lot Frontage (Feet): 28'
Lot Depth: 100'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple
Legal Description: lot 20 assessors plat no 36 of block 243 orig plat

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,004 114,252 204,304
Median Age: 29.9 32.19 32.7
Households: 8,079 46,704 81,470

Contact

Photograph of Listing Agent

Kim Lawrence

CENTURY 21 Looking Glass Not a member of CPIX
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