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5321 S Pennsylvania Ave

4,471 SF 100% Leased Retail Building Lansing, MI 48911 $514,000 ($115/SF)

Investment Highlights

  • Corner location with 0.75 acres.

Executive Summary

4,471 total building square feet, 3,300 square feet of open warehouse, 1,171 square feet of office space. Security system in place.

Attachments

Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,471 SF
Building Class
C
Year Built
1958
Price
$514,000
Price Per SF
$115
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.75 AC
Zoning
F - Commercial
Parking
25 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
100 FT on Pennsylvania

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Nearby Major Retailers

Fifth Third Bank
Fazoli's
Comerica
McAlister's Deli
Bank of America
Chase
Applebee's
Rent-a-center
Storage Sense

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-05-03-128-021
Land Assessment
$57,300
Improvements Assessment
$111,700
Total Assessment
$169,000
  • Listing ID: 31665946

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 5321 S Pennsylvania Ave, Lansing, MI 48911

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