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709 Larch St - Prime Retail Corner - Lansing MI 1.13 Acres of Commercial Land Offered at $750,000 in Lansing, MI 48906
Investment Highlights
- 1.13-acre site is prime for development in the Heart of Lansing
- Located on a bus line and a signalized intersection
- DT-2 Zoning
- High traffic corner location with over 30,119 vehicles per day
- 263' of frontage on Saginaw St w/ one (1) curb cut and one (1) on N. Larch St
- Urban Flex Use District offers great flexibility for future use
Executive Summary
Property Facts
| Price | $750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.13 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | DT-2 | ||
| Price | $750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.13 AC |
| Opportunity Zone |
Yes |
| Zoning | DT-2 |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 1.13 AC |
| Price Per AC | $663,716.81 |
| Price | $750,000 |
| Price Per AC | $663,716.81 |
| Lot Size | 1.13 AC |
Situated on a 1.13-acre site in the heart of Lansing, this property boasts a high traffic corner location with over 30,119 vehicles passing by daily. 263' of frontage on Saginaw St (69), DT-2 zoning, and all utilities in place.
Description
Located at the corner of N Larch St and E Saginaw St with high traffic exposure ideal for development. Immediate proximity to Michigan's state capitol, Lansing Center, Lansing Community College, Cooley Law School, The Outfield Baseball stadium, and American Tooling Center Lansing, makes it a sought-after location for many types of users. Excellent visibility due to busy one-way traffic heading south on Cedar to the Capital.
Property Taxes
| Parcel Number | 01-01-09-480-172 | Improvements Assessment | $0 |
| Land Assessment | $122,300 | Total Assessment | $122,300 |
Property Taxes
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709 Larch St - Prime Retail Corner - Lansing MI
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