Highly Visible Retail City of Lansing - Turn Key Condition

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30265830
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Vehicle Related
Status: Pending/Contingent
Building Size (RSF): 1,235 SF
Gross Land Area: 0.19 Acres
Sale Price: $85,000
Unit Price: $68.83 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,235 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2018

Overview / Comments

This stand alone retail building is located in the City of Lansing, right down the street from the Sparrow Hospital St Lawrence campus and right on W Saginaw Street. The corner location faces oncoming traffic on Saginaw, making it a high visibility location that is easy to find and visit.
The building has undergone extensive renovations including all new energy efficient windows, laminate flooring, drop ceiling and more.
The building also has a full basement offering extensive storage options and has an outside entrance point to the lower level from the parking lot.
With parking around the building and right at the door, you have plenty of options for employees or customers.
A fenced back yard area offers secured storage or maybe a place to enjoy some fresh air.
This building is in turn key condition and ready to go.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing - Ingham County
Tax ID/APN: 33-01-01-08-380-131
Property Visibility: Excellent
Total Parking Spaces: 14
Zoning Description: E-2 Local Shopping, City of Lansing 1266.02. - Principal uses permitted. In an E-2 Local Shopping District, the following principal uses are permitted: (a)  A convenience retail store, bar or tavern; (b)  A post office; (c)  A public park and playground, except those regulated by special conditions pursuant to Section 1256.03(g), (h) and (i); (d)  An accessory structure; (e)  A motor vehicle service station; (f)  Any principal use permitted in a D-1 Professional Office District; (g)  An on-premises sign; (h)  An off-street parking facility; and (i)  Any other use which, by the decision of the Planning Board, is similar to the principally permitted uses set forth in this section. (Ord. No. 636, 3-7-83)

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,047 89,201 178,884
Median Age: 32.2 35.51 33.67
Households: 6,395 38,529 73,631


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