809 E Michigan Ave - Storefront FOR SALE


Lansing, MI 48912
$1,400,000 USD
809 E Michigan Ave, Lansing, MI for Sale
$1,400,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

809 E Michigan Ave
Lansing, MI 48912


HIGHLIGHTS

  • Excellent frontage on Michigan Ave
  • Walkable distance from popular downtown entertainment
  • Great redevelopment opportunity
  • Walkable distance from Sparrow Hospital

OVERVIEW

Free-standing retail building with excellent frontage on busy Michigan Ave. Building sits on 1.028 acres and is located between Sparrow Hospital and Jackson Field, offering a great redevelopment opportunity. Property provides access to Michigan Ave and Jerome Street, offering a great opportunity for drive-thru ingress/egress. Located in the heart of multiple development projects including the new Capitol City Market and former Clara's Restaurant. Walkable distance from popular Lansing night life bars and restaurants.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Jon Anthony Florist

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

CROSS STREETS

Michigan Ave and Pennsylvania Ave

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

F-Commercial

APN/PARCEL ID

01-01-15-155-045

ASK ABOUT THIS PROPERTY

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