This Office Property is For Sale.

501 S Capitol Ave
Lansing, MI 48933 ·

71,000 SF · Office For Sale

$5,200,000

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Louis B. Ebaugh Building

Price $5,200,000 No. Stories 6
Building Size 71,000 SF Building Class B
Price/SF $73.24 Year Built 1970
Property Type Office Lot Size 3 AC
Property Sub-type Office Building APN / Parcel ID 01-01-16-381-001, 01-01-16-381-011, 01-01-16-381-021
Property Use Type Vacant/Owner-User Parking Ratio 1.53 / 1,000 SF
Commission Split 3%
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Listing ID: 20146889 Date Created: 01/25/2017 Last Updated: 02/02/2017

Description

6 story office building on an entire block in Downtown Lansing. Building has lots of salvage value. The structure allows for open floor plates, with tons of natural light on four sides. High ceilings, modernized electrical and data cabling and ability to do retail at grade. Excellent visibility from highway. Redevelopment plans of existing building and parking lot available.

Right between Downtown and REO Town, one minute off I-475. Walk two blocks to dining, cafe and bar options on Washington. One block to Bus Station. Parks and river nearby.

Highlights

  • WalkScore of 78

Research

501 S Capitol Ave, Lansing, MI 48933 (Ingham County)

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