750 N Cedar St - Storefront FOR SALE


Lansing, MI 48906
$675,000 USD
248-663-0504
750 N Cedar St, Lansing, MI for Sale
$675,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

750 N Cedar St
Lansing, MI 48906


HIGHLIGHTS

  • Drive-Thru Bigby Coffee generates strong traffic to the center
  • Exciting development prospects in the area
  • Ideal for quick-service restaurants, daytime service businesses, medical, and other retail establishments
  • Great location within 1 mile of Michigan's state capitol, Lansing Center, Lansing Community College, Cooley Law School, & more
  • Contiguous land also available for purchase

OVERVIEW

Discover the value-add possibilities with this impressive retail complex, now available for sale. Located in close proximity to a bustling fast food drive-through, this prime property offers great potential for investors knowledgeable of the area’s amenities and activity. Building Features: • Drive-Thru Bigby Coffee generates strong traffic to the center on a daily basis and creates an opportunity for synergy in the tenant mix. • Two adjacent spaces available for lease: 1,500 and 2,700 square feet respectively. • Possibility to combine vacant spaces for a total of 4,200 rentable square feet. • Contiguous land is also available that generates $12,000 annual revenue through an easement agreement with Burger King, and provides approximately 1.37 acres for development • Exciting development prospects in the area. • Former 1,500 SF space previously occupied by Herbalife, ready for imaginative buildout. • Ideal for quick-service restaurants, daytime service businesses, medical, and other retail establishments. Don't miss out on this exceptional opportunity to acquire this retail complex and unlock its full potential. Contact us today for more information and to arrange a viewing.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% 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

2005

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

CROSS STREETS

Saginaw Hwy

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

G-2

APN/PARCEL ID

01-01-09-480-002

ASK ABOUT THIS PROPERTY

John De WaldP.A. Commercial, LLCMore Info
248-663-0504

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John De WaldP.A. Commercial, LLCMore Info
248-663-0504

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