1054 E Grand River Ave - Auto Repair FOR SALE


East Lansing, MI 48823
$1,600,000 USD
248-351-2018
1054 E Grand River Ave, East Lansing, MI for Sale
$1,600,000 USD
Auto Repair - FOR SALE
1/3
null | Request Cap Rate

1054 E Grand River Ave
East Lansing, MI 48823


HIGHLIGHTS

  • INCOME PRODUCING/ REDEVELOPMENT OPPORTUNITY
  • Zoning: EV
  • Lot Size: 0.44 Acres

OVERVIEW

- Remaining lease term expires July 2024, with two 5-year options. - Option to buyout lease.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$800 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

EV

APN/PARCEL ID

20-02-18-422-003

ASK ABOUT THIS PROPERTY

Jack JohnsCBREMore Info
248-351-2018

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Jack JohnsCBREMore Info
248-351-2018

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.