West Lansing Delta Township Office

Office for Sale
Catylist Listing ID: 30459957
Property Subtypes: Office Building
Building Size (RSF): 4,701 SF
Gross Building Area: 5,250 SF
Gross Land Area: 0.60 Acres
Sale Price: $299,000
Unit Price: $63.60 PSF
Property Use Type: Investment
Building Name: Waverly Professional Building
Class of Space: Class C
Sale Terms: Cash to Seller, Owner Financing
Average Occupancy Rate: 99
Last Updated: 12/7/2019

Overview / Comments

Sitting at the signalized corner of Michigan and Waverly Roads in Lansing, this investment property boasts great exposure and a large corner lot. Average daily traffic counts are more than 29,000 on Waverly Road and 10,000 on Michigan Ave.

The property is two story and has a central staircase leading to the four units. The units are separately metered for gas and electric. HVAC systems are updated units and the building has had a recent update to the sewer pump systems. Parking lot is recently sealed and striped.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Eaton
Taxing Authority: Delta Township Eaton County
Tax ID/APN: 040-043-600-582-00
Zoning: O OFFICE
Property Located Between: WaverlyRd and Michigan
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1963
Year Renovated: 1972
Roof Type: Gable
Construction/Siding: Brick/Aluminum Siding
Parking Type: Surface
Parking Description: Parking on both the East and West of the building
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: O Office, Delta Township
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,363 80,327 160,249
Median Age: 38 37.12 35.55
Households: 4,873 35,297 68,505

Contact

Photograph of Listing Agent

Matthew Wisniewski, CCIM

RE/MAX COMMERCIAL GROUP CPIX Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.