Auto Shop with Installed
For Sale
$199,999
226 W Cesar E Chavez Avenue, Lansing, MI 48906
Commercial Sale, Lansing, MI
Property Size1,759 SF
Lot Size0.26 Acres
Price / SF$113.70
Days on Market56
Property Features for 226 W Cesar E Chavez Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
MISC COM SVCS
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Lansing
Middle school district
Lansing
High school district
Lansing
Standard status
Active
APN
010109327051
Size
1,759 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 84 FT LOTS 7 & 8 BLOCK 30 ORIG PLAT
Tax Annual Amount
4301
Legal Description
W 84 FT LOTS 7 & 8 BLOCK 30 ORIG PLAT
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Amenities
clean waiting area
large windows
restroom
public utilities
overhead bay doors
Building Details
Year built
1935
Floors in Building
1
Number of units
1
Listing Agency:
eXp Realty, LLC
(888) 501-7085
Listed By:
Narmeen Shango
(517) 862-1964
Added: Aug 12
Changed: Oct 2
Last Checked: Oct 6 at 1:06AM
MLS# 26042104
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant auto shop contains 1,759 square feet on a 0.26-acre parcel. The building has three overhead bay doors, two installed vehicle lifts, a customer waiting area, large windows, and a restroom. Its 82 feet of frontage is on W. Cesar E. Chavez Avenue, and the outdoor area is fully fenced. The property was built in 1935 and has a slab foundation, public utilities, and natural gas available.
Commercial-services zoning is identified for the site. The described configuration supports automotive service uses, including repair, detailing, and tinting, as well as contractor fleet use.
Commercial-services zoning is identified for the site. The described configuration supports automotive service uses, including repair, detailing, and tinting, as well as contractor fleet use.
Key Highlights
- 1,759‑square‑foot auto shop on a 0.26‑acre parcel
- Three overhead bay doors and two vehicle lifts
- Fully fenced outdoor area for vehicle storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,921
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,420
$318.4K
Cap Rate 7%
$227,443
$227.4K
Cap Rate 9%
$176,900
$176.9K
Market Conditions
NOI Build-Up for 1,759 SF
Gross rent
$26.4K $15.00/SF
− Vacancy
−$3.6K −$2.07/SF
EGI
$22.7K $12.93/SF
− OpEx
−$6.8K −$3.88/SF
NOI
$15.9K $9.05/SF
Area
Lansing, MI
Vacancy
13.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,420
Cap Rate 7%
$227,443
Cap Rate 9%
$176,900
Alternative Uses
Best Use
Retail
$227.4K
$199.0K – $265.4K
NOI $15,921 @ 7.0% cap · market cap 7.96%
Second Best
Industrial
$163.3K
$142.9K – $190.5K
NOI $11,429 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$362.1K
$316.8K – $422.4K
NOI $25,345 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48906, MI
25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
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- Lansing Radiator & Repair — 602 N Larch St, Lansing, MI 48912
- Midwest Mobile Oil Change — 829 Seymour Ave, Lansing, MI 48906
- Ryan's Auto Care — 609 May St, Lansing, MI 48906
- Towing's Service Lansing MI — 314 E Maple St, Lansing, MI 48906
Frequently Asked Questions
What type of property is this?
Auto shop - A remodeled service facility pairs three overhead doors with a fenced outdoor vehicle-storage area.
Where is this auto shop located?
The property is located at 226 W Cesar E Chavez Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: 1,759‑square‑foot auto shop on a 0.26‑acre parcel; Three overhead bay doors and two vehicle lifts; Fully fenced outdoor area for vehicle storage
