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3705-3717 W Jolly Rd 9,432 SF 100% Leased Retail Building Lansing, MI 48911 $475,000 ($50.36/SF)



EXECUTIVE SUMMARY
5 unit shopping plaza for sale. 4 units are rented. One vacancy which is an end unit.
Also perfect for a user that needs a garage which is in the back right side of the plaza.
Asking $475,000.00
Also perfect for a user that needs a garage which is in the back right side of the plaza.
Asking $475,000.00
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,432 SF
Building Class
C
Year Built
1963
Price
$475,000
Price Per SF
$50.36
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
F COMM - Commercial
Parking
26 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
233’ on W Jolly Rd
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 01-05-06-101-221 | Improvements Assessment | $177,500 |
| Land Assessment | $51,200 | Total Assessment | $228,700 |
PROPERTY TAXES
Parcel Number
01-05-06-101-221
Land Assessment
$51,200
Improvements Assessment
$177,500
Total Assessment
$228,700
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3705-3717 W Jolly Rd
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