200 S Washington Sq
Lansing, MI 48933
Stabilized Investment | Landmark Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- A 30,375 SF well-maintained office/retail building excellently located in the lively Lansing market.
- Prime investment opportunity to acquire a stabilized asset with increasing market rents.
- Surrounded by excellent demographics where residents spend nearly $2 billion in the area annually.
- Less than a block from Lansing Capitol Building with high visibility on a prominent corner lot in Downtown Lansing.
- Sited in an Opportunity Zone with a growing population and potential tax incentives.
PROPERTY FACTS
Property Type
Building Size
30,375 SF
Building Class
B
Year Built/Renovated
1930/2002
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,125 SF
Building FAR
2.32
Lot Size
0.30 AC
Zoning
G-1 - Commercial
PROPERTY TAXES
| Parcel Number | 01-01-16-328-171 | Improvements Assessment | $1,550,100 |
| Land Assessment | $50,600 | Total Assessment | $1,600,700 |
