1115 S Pennsylvania Ave Lansing, MI 48912
49,700 SF mixed-use building near I-496 in Lansing, MI.
Type:Office, Industrial, Mixed Use
Property size:
49,700 SF- Added:
- Apr 21, 2023
- Days on Market:
- 1093
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for 1115 S Pennsylvania Ave
General Information
- Standard status
- Active
- Size
- 49,700 SF
- Property subtype
- Office, Industrial, Mixed Use
Listing agent Christopher Miller, SIOR License #N/A
Listing office Martin Commercial Properties
Listing date Apr 21, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Martin Commercial Properties
Overview
Multi-Tenant Mixed-Use Investment Opportunity
This multi-tenant mixed-use property offers an investment opportunity. Located on South Pennsylvania Avenue, a prominent north-south thoroughfare, the building is situated just 2 blocks from I-496 and 1.4 miles from GM's Grand River Assembly Plant. The building has a total area of 49,700 square feet, with 56% dedicated to office space and 44% to warehouse, distribution, and showroom areas. The property features tenant-specific office build-outs, 3 docks, 2 ramps, 1 overhead door, and 12-foot ceilings. The property has a history of strong occupancy. Long-term tenants include Munch's Supply, occupying over 17,000 SF for 20 years, and Ingham County's Willow Community Health, occupying over 10,000 SF for 10 years. Currently, the property is 87.4% leased, presenting a value-add opportunity for investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Munch's Supply Co.
Big Box & Wholesale Store
Willow Health Center
Medical Clinic
River Oak Community ...
Medical Clinic
Dr. Jevon Mcfadden
Physician
Jennifer Ludwig
Physician
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.537194
- Latitude
- 42.721741
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 49,700 SF mixed-use building near I-496 in Lansing, MI.
Where is this mixed-use property located?
The property is located at 1115 S Pennsylvania Ave Lansing, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 87.4% leased, offering a value‑add opportunity.; Long‑term tenants include Munch's Supply and Ingham County's Willow Community Health.; Located 2 blocks from I‑496 and 1.4 miles from GM's Grand River Assembly Plant.
