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3022-3026 E Michigan Ave 5,000 sq ft 100% Let Retail Property Lansing, MI 48912 £485,751 (£97.15/sq ft)



INVESTMENT HIGHLIGHTS
- Perfect retail location corner of Us-127 and E Michigan.
EXECUTIVE SUMMARY
Perfect retail location corner of Us-127 and E Michigan, across from Frandor shopping Center and walking distance to MSU. Three (3) leasable suites or property can be combines for a total of 4,452 square feet, depending upon user. Ideally located near East Lansing, but resides in Lansing Township. high traffic counts on E Michigan and centrally located between Capital and the University with quick access to all major roads and highways.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Standalone
Property Size
5,000 sq ft
Costar Property Class
C
Year Built
1960
Price
£485,751
Price per sq ft
£97.15
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.72
Total Plot Size
0.16 ac
Use Class
F COMME
Parking
10 Spaces (2 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Bus Route
- Signage
Walk Score®
Easily Walkable (73)
Bike Score®
Good for cycling (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-01-14-404-028 | Improvements Assessment | £89,154 |
| Land Assessment | £23,914 | Total Assessment | £113,068 |
PROPERTY TAXES
Parcel Number
21-01-14-404-028
Land Assessment
£23,914
Improvements Assessment
£89,154
Total Assessment
£113,068
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3022-3026 E Michigan Ave
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