Turn Key - Updated Medical Office Convenient to Capital

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30043088
Property Subtypes: Medical, Office Building
Status: Pending/Contingent
Building Size (RSF): 2,824 SF
Gross Land Area: 0.36 Acres
Sale Price: $225,000
Unit Price: $79.67 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 2,824 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/19/2018

Overview / Comments

This brick medical office is conveniently located between the Capital and East Lansing on E Saginaw St. The corner location allows egress from both Saginaw as well as Cleveland which gives the property easy access to the West bound Oakland and a low traffic exit.
The interior of this property finished in modern hues and has subtle accent lighting and warm color tones throughout. The level of care the building has received is evident in the turn key condition in which the building is. This is truely a move in condition property.
The building was originally built as two dental practices and has mirror image sides that have since been connected together. This gives the property a generous sized reception and waiting area, complete with two bathrooms and plenty of natural light from the large windows.
Upon entering the office area, you will notice several large work spaces with updated counters trimmed in natural wood. The office area has its own two bathrooms for staff and guest as well. A nurses station is situated in the center of the U shaped floor plan.
The floor plan include 6 exams with sinks, for a total of 10 offices.
The lower level has a washer and dryer hook up, generous file storage area, and functioned as a break room. The properties two HVAC systems are located here as well as the two, 200 Amp service panels.
The property had a new roof installed approximately 8 years ago, by Spartan Roofing.
A monument sign is located at Saginaw St at the entrance to the well sized parking lot.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing - Ingham County
Tax ID/APN: 33-01-01-10-379-193
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,824 SF
Year Built: 1977
Year Renovated: 2008
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: D-1 Professional Office
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,846 103,456 200,805
Median Age: 31.44 30.86 32.83
Households: 7,747 41,118 79,941


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