902 E Cesar E Chavez

Retail-Commercial for Sale
Catylist Listing ID: 30148141
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Other
Building Size (RSF): 3,500 SF
Gross Building Area: 3,502 SF
Gross Land Area: 0.40 Acres
Sale Price: $159,000
Unit Price: $45.43 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/20/2020

Overview / Comments

*Two buildings on property
*A fully renovated 1,508 sq. ft. restaurant building, less than one-year old, with usable basement of similar size
*All business assets included – fully equipped kitchen, walk-in cooler, exhaust hood and other equipment
*An unfinished retail building with fully finished apartment above, 997 sq. ft. on each floor
*F – Commercial zoning
*Paved on-site parking serving both buildings
*Great owner/user investment opportunity
*Seller has decided to put his time into other businesses

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33-01-01-10-303-001
Zoning: F COMM
Market Type: Rural
Property Located Between: Pennsylvania Ave and Cedar St
Side of Street: South
Road Type: Paved
Property Visibility: Good
Largest Nearby Street: Grand RIver Ave
Transportation: Bus, Highway, Taxi
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Property Condition: Fair

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,932 96,270 199,050
Median Age: 32.02 31.87 32.83
Households: 5,079 39,069 79,286


Photograph of Listing Agent

David Robinson

NAI Mid-Michigan CPIX Member
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