Owner Occupant Mixed Use Building

Expired Office for Sale
Catylist Listing ID: 30024997
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 2,956 SF
Gross Land Area: 0.65 Acres
Sale Price: $115,000
Unit Price: $38.90 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Usable Size (USF): 2,956 SF
Sale Terms: Cash to Seller
Cap Rate: 0.11%
Average Occupancy Rate: 1
Expired On: 11/11/2017
Last Updated: 11/11/2017

Overview / Comments

Beautiful 1893 built with original woodwork restored on an extra-large lot! This home is full of character including oak trim and cabinetry, arched doorways, high ceilings, and a wood burning fireplace! From the Parlor to the pantry in kitchen, there is tons of history! Boasting over 2900 square feet with two staircases leading to second story. The third story consists of a large open space with skylights for a bright atmosphere! Current tenant has leased for over 20 years! Billboard is leased by Adams for $3000.00 per year into 2017! Plenty of parking and 1.5 car garage. Leased until June 2017. Contact Craig Bushong at 517-256-1980 for more information.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33010104351162
Property Located Between: MLK & N Grand River
Property Visibility: Excellent
Airports: Capital City Airport
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 1,339 SF
Year Built: 1893
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Cable, DSL
Zoning Description: Commercial Improved
Lot Frontage: 264'
Lot Depth: 210'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Of Record
Legal Description: LOT 41 & COM SE COR LOT 42, TH N 50DEG 15MIN W 190.56 FT, N O1DEG 38MIN 55SCD E 96 FT, S 89DEG 58MIN 57SCD E 149.75 FT, S 01DEG 35MIN 20SCD W 217.85 FT TO BEG; ASSESSORS PLAT NO 57

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,333 75,081 187,866
Median Age: 30.41 33.84 32.98
Households: 4,487 32,268 74,678

Contact

Photograph of Listing Agent

Paul Vlahakis

Vlahakis Companies, Inc.
CPIX Member
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