Commercial/Retail Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30389442
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,844 SF
Gross Land Area: 0.30 Acres
Sale Price: $215,000
Unit Price: $55.93 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

3844 square foot one story commercial brick building.

High traffic corridor of Pennsylvania and Mt Hope (east of Pennsylvania)

Ideal for retail showroom, office, gallery, or service industry.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Lansing, MI
Tax ID/APN: 33-01-01-27-127-371
Retail Clientele: General, Family, Business
Property Located Between: Mount Hope Avenue east of Pennsylvania
Property Visibility: Excellent
Largest Nearby Street: Pennsylvania Ave
Feet of Frontage: 124
Airports: Lansing Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,844 SF
Property Condition: Excellent
Year Built: 1973
Year Renovated: 1996
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: Blacktop
Sprinklers: None
Heat Type: Natural Gas
Interior Description: Seven rooms, 1800 square foot showroom. 3 Phase electrical drop-- 240, dimmers 1200 and 1400 watts, three step-down transformers. Side double glass doors open to six foot width. Security system.
Lot Frontage: 124 feet
Lot Depth: 88 & 113 feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,180 113,528 221,228
Median Age: 32.94 31.58 33.13
Households: 4,663 45,179 88,732


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