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    332 Townsend St Lansing, MI 48933

    For Sale
    $1,600,000

    Two-story office building featuring above-average finishes and well-kept grounds.

    Property size:
    11,200 SF
    Lot size:
    0.51 Acres

    Property Features for 332 Townsend St

    General Information

    Size
    11,200 SF
    Lot size
    0.51 Acres

    Source: Martin Commercial Properties Agent Eric F. Rosekrans, CCIM, CPM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Office Building For Sale

    This two-story office building features a garden-level first floor. The first level spans approximately 6,700 square feet, while the lower level encompasses around 4,500 square feet, totaling 11,200 square feet. The first floor is designed as office space, and the lower level offers a large meeting and reception area. The building boasts above-average finishes throughout, including a welcoming reception area at the front entry. The property is meticulously maintained, with no deferred maintenance, regular inspections, and well-kept grounds and landscaping.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michigan Beer & Wine ... Non-Profit Organization Michigan Beverage Collective Insurance Company

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.555945
    Latitude
    42.730246

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    FAQs

    What type of property is this?
    Office building - Two-story office building featuring above-average finishes and well-kept grounds.
    Where is this office building located?
    The property is located at 332 Townsend St 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: - Meticulously maintained property with no deferred maintenance.; - Above-average finishes throughout, including a welcoming reception area.; - Two-story structure with a garden-level first floor.
    (517) 290-7606
    Request Owner's contact information
    332 Townsend St Lansing, MI 48933
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    332 Townsend St Lansing, MI 48933
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