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1623 S Washington St 1,326 SF Retail Building Lansing, MI 48910 $300,000 ($226.24/SF)
Investment Highlights
- Flexible storefront space suitable for retail, office, or service operations.
- Resident-centered neighborhood with multi-modal connectivity and commuter appeal.
- Renovated structure with practical layout in a user-friendly footprint.
Executive Summary
This location benefits from direct exposure to a steady traffic flow in a mixed-use pocket, supported by surrounding neighborhoods and essential services. With zoning that accommodates several commercial uses, owners can leverage the property’s versatile footprint for a business concept or as a long-term investment. The site is served by public transportation routes and enjoys signage capabilities, increasing potential branding opportunities. Moderately walkable and easily drivable with convenient transit access, this property offers operational ease and long-term viability in a growing urban core.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,326 SF
Building Class
C
Year Built/Renovated
1989/2016
Price
$300,000
Price Per SF
$226.24
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.33 AC
Zoning
F COMM
Parking
20 Spaces (15.08 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01-01-21-451-045 | Improvements Assessment | $64,100 |
| Land Assessment | $24,900 | Total Assessment | $89,000 |
Property Taxes
Parcel Number
01-01-21-451-045
Land Assessment
$24,900
Improvements Assessment
$64,100
Total Assessment
$89,000
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1623 S Washington St
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