Investment Opportunity - Office Space & Multi-Family

Office for Sale
Catylist Listing ID: 30344828
Property Subtypes: Office Building
Building Size (RSF): 31,648 SF
Gross Building Area: See Agent
Sale Price: $2,900,000
Unit Price: $91.63 PSF
Property Use Type: Investment
Building Name: MSU College of Law Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/18/2019

Overview / Comments

Three-story office building with approximately 14,540 SF of office space on first floor and 52 dorm-style apartments on the 2nd and 3rd floors, a community kitchen and 2nd floor laundry. Ideal opportunity for office users with residential income. Located in East Lansing within walking distance to downtown. Ample parking and storage.

Attachments & Media

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: East Lansing
Tax ID/APN: East Lansing
Zoning: RM 32

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,042 91,819 183,732
Median Age: 26.41 29.77 32.63
Households: 7,900 33,622 73,245


Photograph of Listing Agent

Thomas Jamieson

Martin Commercial Properties
CPIX Member
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