1438 E Michigan Ave | Lansing, MI 48912
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- LoopNet Team
1438 E Michigan Ave
Lansing, MI 48912
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located on Michigan Ave near the Sparrow Hospital Complex.
- Large lot in the rear of the property for ample customer parking.
- Commercial Drive-thru capability possible along the east side of the building.
- Located halfway between US Highway 127 access and the State Capital Building.
- Building is vacant and currently available for lease at $9.75 per SF NNN.
- Lease space can be split to house multiple tenants at 2,700 square foot per side.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,828 SF
Building Class
C
Year Built
1962
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.37 AC
Zoning
Commercial - Commercial district zone
Parking
50 Spaces (8.58 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 01-01-15-402-003 | Improvements Assessment | $137,800 |
| Land Assessment | $56,000 | Total Assessment | $193,800 |
PROPERTY TAXES
Parcel Number
01-01-15-402-003
Land Assessment
$56,000
Improvements Assessment
$137,800
Total Assessment
$193,800
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