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Lansing Mixed-Use Investment Opportunity

1456 East Michigan Avenue Lansing, MI 48912

1456 East Michigan Avenue, Lansing, MI, 48912
$569,000
For Sale
$569,000

Fully occupied, renovated mixed-use building near UM Health–Sparrow Hospital.

Property Size5,886 SF
Price / SF$96.67
Days on Market146

Property Features for 1456 East Michigan Avenue

General Information

Standard status
Active
Size
5,886 SF
Property subtype
Mixed Use Investment

Building Details

Year Built
1916
Listing agency NAI Mid-Michigan
Listed by Jerome Abood
Source Naiglobal
Added: Feb 26 Updated: Jul 10 at 1:13PM Checked: Jul 10 at 1:13PM

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 NAI Mid-Michigan


Investment Insights

Based on property information with market context.

This 5,886 square foot mixed-use building in Lansing, MI, presents an investment opportunity with a 100% occupancy rate across its four units. Constructed in 1916 and renovated in 2016, the property combines historic charm with modern updates. The MX-3 zoning allows for versatile retail and street retail uses. Situated in a strategic location near UM Health–Sparrow Hospital and along the newly rebuilt Michigan Avenue corridor, the property benefits from new on-street customer parking. The building features two commercial storefronts and offers stable mixed-use income in a strong growth area, making it suitable for a retail or street retail investor seeking a high-performing asset.

Key Highlights

  • 100% Occupancy Rate: Enjoy a steady and reliable rental income from day one.
  • Strategic Location: Steps from UM Health–Sparrow Hospital and on the newly rebuilt Michigan Avenue corridor in a thriving Lansing market.
  • Renovated in 2016: Tastefully renovated, blending historic charm with modern updates.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Jerusalem Bakery Restaurant

Suggested Use

(Bike/Boat/Book/etc) Store Daycare Center HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Accounting Firm Computer & Electronic Repair Real Estate Agency Electrical Service

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

FAQs

What type of property is this?
Mixed-use property - Fully occupied, renovated mixed-use building near UM Health–Sparrow Hospital.
Where is this mixed-use property located?
The property is located at 1456 East Michigan Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 100% Occupancy Rate: Enjoy a steady and reliable rental income from day one.; Strategic Location: Steps from UM Health–Sparrow Hospital and on the newly rebuilt Michigan Avenue corridor in a thriving Lansing market.; Renovated in 2016: Tastefully renovated, blending historic charm with modern updates.
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