5525 S Cedar St - Storefront FOR SALE


Lansing, MI 48911
$695,000 USD
517-881-9916
5525 S Cedar St, Lansing, MI for Sale
$695,000 USD
Storefront - FOR SALE
1/6
null | 10.24% Cap Rate

5525 S Cedar St
Lansing, MI 48911


OVERVIEW

Introducing a prime investment opportunity at 5525 S Cedar St, Lansing, MI. This impressive 12,600 SF building, erected in 1966, boasts 6 units and is perfectly suited for a Retail / Street Retail investor. Zoned 201 Commercial-Improved, this property is strategically located in the heart of Lansing, offering a wealth of potential for a discerning investor. With its versatile layout and prime location, this property presents a rare and lucrative opportunity in the thriving commercial real estate market.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

10.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

CROSS STREETS

E Northrup St and S Cedar St

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

G-2

APN/PARCEL ID

01-05-04-277-022

ASK ABOUT THIS PROPERTY

Jim VlahakisNAI Mid-MichiganMore Info
517-881-9916

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Jim VlahakisNAI Mid-MichiganMore Info
517-881-9916

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