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1305 S Cedar St

465,000 SF Industrial Building Lansing, MI 48910 $4,500,000 ($10/SF)

Executive Summary

1305 S. Cedar St (aka the John Bean Building)
*464,278 SF Warehouse Building
*12.38 Acres
*Adjacent to an established industrial park
*Multiple grade level doors and truck docks
*New Fire Suppression System
*Less than $15/SF
*63,000 SF Tenant with a 5 year Lease
Sale includes 5Parcels. 33-01-01-21-426-005; 33-01-01-21-428-082; 33-01-01-21-428-082; 426-006; 33-01-01-21-426-009; 33-01-01-21-427-147.

Property Facts

Price $4,500,000
Price Per SF $10
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 12.00 AC
Rentable Building Area 465,000 SF
No. Stories 3
Year Built 1936
Parking Ratio 0.22/1,000 SF
Clear Ceiling Height 14 FT
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 5
Cross Streets Christiancy St and S Cedar St

Amenities

  • Bus Line
  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-01-21-426-005
Land Assessment
$280,200
Improvements Assessment
$2,255,400
Total Assessment
$2,535,600

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 27072003

  • Date on Market: 11/8/2022

  • Last Updated:

  • Address: 1305 S Cedar St, Lansing, MI 48910

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