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4021 W Saginaw Hwy 2,984 SF Retail Building Lansing, MI 48917 $889,000 ($297.92/SF)



INVESTMENT HIGHLIGHTS
- Great location on W. Saginaw Hwy
- Free-standing Drive-Thru Restaurant
EXECUTIVE SUMMARY
Prime investment opportunity or perfect location for restaurant/ fast casual owner-user. Free-standing restaurant with drive-thru on W. Saginaw Hwy next to McDonald's and one block from Waverly Rd intersection. Property consists of 4 parcels totaling for 1.32 total acres; providing plenty of parking space, ingress/egress from W. Saginaw and N Dibble Ave. Current tenant has been there for 10 years, call for lease details. Great location for fast/casual restaurant, fast-food, coffee shop, sandwich shop, etc. Easily accessible to surrounding neighborhoods and the new multi-family/commercial development on the corner of Waverly and Saginaw. Located across from West Saginaw Plaza; surrounding uses consist of Arby's, McDonalds, Advance Auto Parts, Little Caesars Pizza, CVS Pharmacy, Walgreen's, Wendy's, AutoZone, Popeye's. JoAnn Fabric and many more!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,984 SF
Building Class
C
Year Built/Renovated
1960/2012
Price
$889,000
Price Per SF
$297.92
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.32 AC
Zoning
C
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 2,984 SF
- Restaurant
- -
- 60 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,984 SF | Restaurant | - | 60 Days |
1st Floor
| Size |
| 2,984 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| 60 Days |
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 040-013-200-040-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $194,400 |
PROPERTY TAXES
Parcel Number
040-013-200-040-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$194,400
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4021 W Saginaw Hwy
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