415 Baker St - Warehouse FOR SALE


Lansing, MI 48910- Fabulous Acres
$4,000,000 USD
616-774-3500
415 Baker St, Lansing, MI for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

415 Baker St
Lansing, MI 48910
Fabulous Acres


HIGHLIGHTS

  • +/- 34,399 SF Warehouse
  • ±10,000 SF Finished Office Space, Including Showroom, Private Offices, Open Work Centers, Conference Rooms and Exercise Facility
  • (8) Docks including (3) Enclosed
  • Additional storage: Enclosed mezzanine and fenced in 40' x 20' outside storage
  • New Roof Coating in 2024 5-Year Warranty

OVERVIEW

Currently Owned & Occupied by O’Leary Paint (8) Dock High Doors Including (3) Enclosed Docks ±50 Parking Spaces Located Just South of the I-496 & S Cedar Street Exit and Minutes from US-127 Sale or Lease Options: Purchase or Lease Entire Facility ($4,000,000) Purchase Facility & Lease Back 10,000 -13,000 SF of Showroom/Office Space $8.95/SF NNN ($89,500 - $117,000 Annual Base Rent) Lease 30,000 – 35,000 SF of Warehouse Space ($7.50/SF NNN, Est. +/- $1.75/SF))

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

O'Leary Paint

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

24 Ft

DOCKS

8

DRIVE INS

3

PARKING SPACES

44

LAND DETAILS

LAND ACRES

5.57

LAND SF

242,629

ZONING

I HVY

APN/PARCEL ID

01-01-21-401-101

ASK ABOUT THIS PROPERTY

Julie O'BrienColliersMore Info
616-774-3500

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Julie O'BrienColliersMore Info
616-774-3500

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