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1438 E Michigan Ave
Lansing, MI 48912
Retail Property For Sale
Investment Highlights
- Located on Michigan Ave near the Sparrow Hospital Complex.
- Large lot in the rear of the property for ample customer parking.
- Commercial Drive-thru capability possible along the east side of the building.
- Located halfway between US Highway 127 access and the State Capital Building.
- Building is vacant and currently available for lease at $9.75 per SF NNN.
- Lease space can be split to house multiple tenants at 2,700 square foot per side.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,828 SF
Building Class
C
Year Built
1962
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.37 AC
Zoning
F-1 COM - Commercial district zone
Parking
50 Spaces (8.58 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Property Taxes
| Parcel Number | 01-01-15-402-003 | Improvements Assessment | $112,700 |
| Land Assessment | $46,400 | Total Assessment | $159,100 |
Property Taxes
Parcel Number
01-01-15-402-003
Land Assessment
$46,400
Improvements Assessment
$112,700
Total Assessment
$159,100
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