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1550 Watertower Pl
East Lansing, MI 48823
Office Property For Sale


Executive Summary
The property is located on a 0.26-acre lot, features a 6,915 SF office/condo space within the 11,984 SF building. The facility was built in 2008. Space currently occupied by The Cancer & Hematology Center/Red Cedar Oncology (vacating soon). Neighboring tenant: Hall Matson Garver Thomas Law Offices. The build-out features (12) exam rooms with sinks, numerous medical amenities, many other specialty rooms, and is suitable for 17 staff members. The space is in very good condition and shows well.
There are multiple points of ingress / egress from West Road and Coolidge Road, with parking for ±75 Vehicles.
Location: 0.6 Miles NW of US-127, 2.4 Miles NE of US-127 and Business 69 Interchange, and 1.1 Miles from Eastwood Towne Center
Traffic: Moderate (9,591 VPD) in the Immediate Area; Increases to 25,631 VPD on W Lake Lansing Road
There are multiple points of ingress / egress from West Road and Coolidge Road, with parking for ±75 Vehicles.
Location: 0.6 Miles NW of US-127, 2.4 Miles NE of US-127 and Business 69 Interchange, and 1.1 Miles from Eastwood Towne Center
Traffic: Moderate (9,591 VPD) in the Immediate Area; Increases to 25,631 VPD on W Lake Lansing Road
Property Facts
Sale Type
Owner User
Property Type
Building Size
11,984 SF
Building Class
B
Year Built
2009
Price
$1,200,000
Price Per SF
$100.13
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,984 SF
Building FAR
1.06
Lot Size
0.26 AC
Zoning
B-4 - Business
Parking
75 Spaces (6.26 Spaces per 1,000 SF Leased)
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