12 Bay Service Garage

Retail-Commercial for Sale
Catylist Listing ID: 30258682
Property Subtypes: Street Retail
Building Size (RSF): 9,660 SF
Gross Land Area: 1.78 Acres
Sale Price: $250,000
Unit Price: $25.88 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 9,660 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 4/26/2018

Overview / Comments

This 12 bay automotive center features a large showroom space, offices and additional storage space in the the garage area. Just down the street from McLaren Lansing Hospital and across from Kroger at Holmes and S Washington Ave.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing - Ingham County
Tax ID/APN: 33-01-01-29-477-08
Zoning: F COMMERCIAL
Property Visibility: Excellent
Tenancy: Single Tenant
Number of Stories: 1
Year Built: 1968
Heat Type: Natural Gas
Heat Source: Ceiling Units
Zoning Description: "F" Commerical
Water Service: Municipal
Sewer Type: Municipal
Legal Description: A PART OF LOT 17 SOUTHLAND PLAZA A SUBDIVISION SITUATED IN THE SOUTHEAST ONE-QUARTER OF SECTION 29, (T4N, R2W), STALE OF MICHIGAN, COUNTY OF INGHAM, CITY OF LANSING, AS RECORDED IN LIBER 23, PAGE 13 & 14, INGHAM COUNTY RECORDS. BEGINNING AT A 1/2 " BAR IN CONCRETE AT THE NORTHEAST CORNER OF LOT 17 SOUTHLAND PLAZA A SUBDIVISION SITUATED IN THE SOUTHEAST ONE-QUARTER OF SECTION 29, (T4N, R2W), STATE OF MICHIGAN, COUNTY OF INGHAM, CITY OF LANSING, AS RECORDED IN LIBER 23, PAGE 13 & 14, INGHAM COUNTY RECORDS; THENCE S31DEG 05 '54 "W, 224.52 FEET ALONG THE NORTHWESTERLY RIGHT OF WAY LINE, OF WASHINGTON AVENUE TO A 5/8 "X30 " STEEL BAR & CAP #51489; 'THENCE S89DEG 55 '05 "W, 226.25 FEET PARALLEL WITH THE SOUTH RIGHT OF WAY LINE, OF SOUTHLAND AVENUE TO A 5/8"X30" STEEL BAR & CAP #51489; THENCE N00DEG 04 '28'"E, 278.34 FEET TO 0 5/8 "X30 " STEEL BAR & CAP #51489 AT THE NORTHWEST CORNER OF LOT 17 ON THE SOUTH RIGHT OF WAY LINE, OF SOUTHLAND AVENUE, PASSING A FOUND BAR AT 140.34 FEET AT THE SOUTHEAST CORNER OF LOT 10; THENCE N89DEG 55 ' 05 "E, 125.66 FEET ALONG THE SOUTHERLY RIGHT OF WAY LINE OF SOUTHLAND AVENUE TO A CONCRETE MONUMENT; THENCE CONTINUING ALONG SAID RIGHT OF WAY LINE, SOUTHEASTERLY 144.96 FEET ALONG A CURVE TO THE RIGHT SAID CURVE HAVING A RADIUS OF 267.00 FEET WITH O CENTRAL ANGLE OF 31'06 '29 " AND A LONG CHORD OF 143.19 FEET BEARING S74'22 '59 "E TO A CONCRETE MONUMENT; THENCE CONTINUING ALONG SAID RIGHT OF WAY LINE S 58DEG48 ' 43 "E, 91.52 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 77435.54 SQUARE FEET (1.778 ACRES), MORE OR LESS, AND IS SUBJECT TO ANY EASEMENTS OF PUBLIC RECORD.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,023 98,516 216,991
Median Age: 35.8 33.73 33.52
Households: 6,556 42,057 86,827

Contact

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