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1219 E Saginaw St 2,800 SF Office Building Lansing, MI 48906 $330,000 ($117.86/SF)
Investment Highlights
- On site Parking. Under one mile from UM Sparrow Hospital. Close to Downtown Lansing, East Lansing and freeway.
Executive Summary
This 2,824-square-foot all brick office building has been completely renovated and is a turnkey operation ideal for a Physician, Physical Therapist, other Health professionals, or beauty salon. Available to lease for $16 per SF or purchase for $330,000. The property includes convenient onsite parking. The interior features a spacious waiting area, dedicated check-in and check-out windows, 6 exam rooms equipped with sinks, 2 handicap-accessible restrooms, a secured storage room and ample storage throughout. Less than one mile from UM -Sparrow Hospital. It is easily accessible from Lansing Downtown, freeways and close to East Lansing. Contact the listing agent to schedule a tour or to request further information.
Click the link to see a video: https://drive.google.com/file/d/1PjoDwacNVhHyZLFoijGaQcdamLl0xxt6/view?usp=sharing
Click the link to see a video: https://drive.google.com/file/d/1PjoDwacNVhHyZLFoijGaQcdamLl0xxt6/view?usp=sharing
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$29,260,000
|
$10,450.00
|
| Operating Expenses |
$10,080,000
|
$3,600.00
|
| Total Expenses |
$39,340,000
|
$14,050.00
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $29,260,000 |
| Annual Per SF | $10,450.00 |
| Operating Expenses | |
|---|---|
| Annual | $10,080,000 |
| Annual Per SF | $3,600.00 |
| Total Expenses | |
|---|---|
| Annual | $39,340,000 |
| Annual Per SF | $14,050.00 |
Property Facts
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
2,800 SF
Building Class
B
Year Built
1977
Price
$330,000
Price Per SF
$117.86
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.18
Lot Size
0.36 AC
Zoning
Commercial - City of Lansing Professional Office / Medical
Parking
17 Spaces (6.07 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Storage Space
- Air Conditioning
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01-01-10-379-193 | Total Assessment | $131,300 (2026) |
| Land Assessment | $30,700 (2026) | Annual Taxes | $29,260,000 ($10,450.00/SF) |
| Improvements Assessment | $100,600 (2026) | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
01-01-10-379-193
Land Assessment
$30,700 (2026)
Improvements Assessment
$100,600 (2026)
Total Assessment
$131,300 (2026)
Annual Taxes
$29,260,000 ($10,450.00/SF)
Tax Year
2025 Payable 2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1219 E Saginaw St