410 S Clippert St 11,976 SF Retail Building Lansing, MI 48912 $989,000 ($82.58/SF)
INVESTMENT HIGHLIGHTS
- Close to MSU Campus
- Large restaurant space/plenty of parking
- Convenient to Highway
- Large venue next to MSU with total capacity for 600
EXECUTIVE SUMMARY
Free-standing restaurant with beautifully renovated interior, large patio, bar, and game area located near MSU Campus, US-127/I-496 exit. Great mixture of seating, featuring booths, tables, bar seating, and lounge area. Sunken dance floor that can be converted to more seating if desired. Pool tables in back with standing bar space, etc. Rear patio with outdoor bar. Large kitchen with several prep spaces, large hood, dishwashing station, large walk-in cooler and so much more. Includes all FF&E. Large venue next to MSU with a total capacity for 600.
Liquor license available for additional $59,000.
Liquor license available for additional $59,000.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,976 SF
Building Class
C
Year Built
1980
Price
$989,000
Price Per SF
$82.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.25 AC
Parking
119 Spaces (9.93 Spaces per 1,000 SF Leased)
Frontage
330’ on Clippert
AMENITIES
- Bus Line
- Restaurant
- Air Conditioning
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $463,200 | |
| Land Assessment | $65,700 | Total Assessment | $528,900 |
