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172 E Edgewood Blvd
Lansing, MI 48911
Hooters · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located on Prominent Retail Corridor
- 90 Parking Spaces
- Highly Visible Full-Service Restaurant
EXECUTIVE SUMMARY
Highly visible, 4,825 SF full-service restaurant building situated on 1.17 acres just west of the Cedar St./I-96 Interchange. Located directly on a prominent retail corridor, this property (built in 2001) is perfectly positioned to capture high traffic. The restaurant is functionally designed, featuring an open dining concept, a dedicated bar area, and a separate section ideal for high-top tables. The operational kitchen includes a large hood, walk-in freezer/refrigerator, and a separate dry storage room. Enjoy the expansive 560 SF covered outdoor patio for additional seating capacity. With 90 dedicated parking spaces and a private office, this established location is ready for a new concept.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,285 SF
Building Class
B
Year Built
2001
Price
$525,000
Price Per SF
$122.52
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.17 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
90 Spaces (21 Spaces per 1,000 SF Leased)
Frontage
267’ on E Edgewood Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 01-05-09-401-004 | Improvements Assessment | $243,300 |
| Land Assessment | $88,400 | Total Assessment | $331,700 |
PROPERTY TAXES
Parcel Number
01-05-09-401-004
Land Assessment
$88,400
Improvements Assessment
$243,300
Total Assessment
$331,700
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