119 N Washington Sq - Medical FOR SALE


Lansing, MI 48933
$1,700,000 USD
517-321-2800
119 N Washington Sq, Lansing, MI for Sale
$1,700,000 USD
Medical - FOR SALE
1/24
null | Request Cap Rate

119 N Washington Sq
Lansing, MI 48933


HIGHLIGHTS

  • Steps from the Michigan Capitol Building
  • 4 Stories plus full lower level
  • Passenger and Freight Elevators

OVERVIEW

Welcome to 119 N Washington Square, located in the heart of downtown Lansing, MI! This exceptional building offers a generous space of 46,517 square feet spread across four well-designed floors. The property has undergone a recent roof replacement, ensuring a secure and well-maintained structure. Previously known as the Lansing YMCA, this historic building retains its classic charm while boasting modern amenities. Step inside and discover a wealth of features, including full locker rooms, steam rooms, sauna, and showers. Whether you envision a fitness center, wellness spa, or rejuvenating retreat, the possibilities are endless. The lower level of this impressive building offers 12,789 square feet of which 4,300 square feet is configured as versatile office space, perfect for establishing your business headquarters or accommodating additional tenants. Additionally, it formerly housed the Lansing Art Gallery, presenting a unique opportunity for artistic endeavors or creative ventures. Situated in downtown Lansing, this property enjoys a vibrant location surrounded by bustling businesses, shops, restaurants, and entertainment venues. Its prime position offers excellent visibility and accessibility, attracting foot traffic and ensuring a constant flow of potential customers or clients. Don't miss your chance to own or lease this remarkable property that seamlessly blends historic character with modern amenities. Embrace the potential of 119 N Washington Ave and create a thriving business or visionary space in the heart of Lansing's vibrant downtown. Schedule your viewing today and let your imagination soar!

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Commercial

APN/PARCEL ID

01-01-16-183-113

ASK ABOUT THIS PROPERTY

Matthew WisniewskiRE/MAX Commercial GroupMore Info
517-321-2800

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Matthew WisniewskiRE/MAX Commercial GroupMore Info
517-321-2800

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