1023 South Washington Avenue Lansing, MI 48910
Unique, historic building in REO Town with income potential.
Type:Office, Retail
Property size:
14,388 SF- Added:
- Mar 19, 2025
- Days on Market:
- 384
- Last Refresh:
- Mar 16 at 1:12 pm
Property Features for 1023 South Washington Avenue
General Information
- Standard status
- Active
- Size
- 14,388 SF
- Property subtype
- Office, Retail
Listing agent Dave Ledebuhr License #MI
Listing office Musselman Realty Inc.
Listing date Mar 19, 2025
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 Musselman Realty Inc.
Overview
Historic REO Town Marketplace Building
The REO Town Marketplace building, originally constructed in 1925, is available for sale due to the owner's retirement. This 14,388 square foot, one-story building, formerly a Hudson and Essex Auto dealership, comprises two storefronts (1023 and 1027) on South Washington Avenue, situated at the entrance to REO Town, east of S. Washington between Hazel and Elm Streets, adjacent to Builders Hardware. Currently, the property houses 7 tenants in the REO Town Marketplace, primarily on month-to-month leases, paying $11 per square foot, which includes prorated utility charges. The two storefronts are divided by an interior drive with vehicle access via a garage door on South Washington, providing access to a large open space at the rear of the building, featuring 25 ft. ceilings and an exposed steel truss system. The property includes parking for 13 vehicles on the north side, with additional on-street parking available on South Washington. An environmental study indicates no recognized environmental conditions related to past and present activities on the subject property.
Location Intelligence
Current Use by Public Records
The Otherside Paranormal & Mortuary ...
Museum
Wayfaring Booksellers
(Bike/Boat/Book/etc) Store
Voodoo's World of Oddtiques
Home Decor Store
MonkeyStuff
Clothing & Fashion Store
Lansing Clothing Company
Marketing & Advertising
Similar Places Nearby
- Van Peenen's Flowers — 1766 S Pennsylvania Ave, Lansing, MI 48910
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.552656
- Latitude
- 42.745579
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Unique, historic building in REO Town with income potential.
Where is this storefront property located?
The property is located at 1023 South Washington Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $692,000.
What are key features of this property?
This property features: 14,388 sq ft historic building in REO Town, originally built in 1925.; Two storefronts with existing tenants providing income ($11/sq ft).; Unique interior drive with auto access garage door.
