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300 S Hosmer St
Lansing, MI 48912
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- This property offers 4,752 square feet of industrial space, ideal for various business needs, including contractor shops or small-scale manufacturing
- The building includes 12-foot clear ceilings and two drive-in overhead doors, making it highly functional for industrial operations
- Located in a light industrial zone, this property is conditionally permitted for marijuana processing, providing unique business opportunities
EXECUTIVE SUMMARY
Duplex Warehouse (50% Leased, Rental income in place)
Light Industrial Zoning
Conditionally permitted for marijuana processing
12’ Clear ceilings
2 Drive in overhead doors – 10 x 9
240A/120V Single phase electric
Priced to sell below appraised value
Light Industrial Zoning
Conditionally permitted for marijuana processing
12’ Clear ceilings
2 Drive in overhead doors – 10 x 9
240A/120V Single phase electric
Priced to sell below appraised value
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1954 |
| Property Subtype | Warehouse | Parking Ratio | 1.05/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 0.12 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 4,752 SF | Opportunity Zone |
Yes
|
| Zoning | H LT IN - Light Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.12 AC |
| Rentable Building Area | 4,752 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 1.05/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | H LT IN - Light Industrial |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 01-01-15-309-132 | Improvements Assessment | $84,300 |
| Land Assessment | $13,000 | Total Assessment | $97,300 |
PROPERTY TAXES
Parcel Number
01-01-15-309-132
Land Assessment
$13,000
Improvements Assessment
$84,300
Total Assessment
$97,300
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