Multi-Unit Retail Office
For Sale
$319,000
3137 S Pennsylvania Ave, Lansing, MI 48911
Five-unit building built in 1964 and renovated in 2021, zoned G-1 with 35% occupancy.
Property Size7,222 SF
Price / SF$44.17
Days on Market115
Property Features for 3137 S Pennsylvania Ave
General Information
Standard status
Active
Size
7,222 SF
Property subtype
Retail, Office
Zoning
G-1
Occupancy
35%
Building Details
Building Size
7,222 SF
Year Built
1964
Year Renovated
2021
Listing Agency:
NAI Mid-Michigan
(517) 487-9222
Listed By:
Gino Baldino
(517) 487-9222
Source:
Cpix.resimplifi
Added: May 1
Changed: Aug 23
Last Checked: Aug 21 at 2:12PM
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 multi-unit retail/office building contains five units in a structure built in 1964 and renovated in 2021. The property totals 7,222 square feet and is currently 35% occupied. Zoning is identified as G-1.
Located in the Lansing area at 3137 South Pennsylvania Avenue, this listing offers a small commercial building format for buyers seeking multi-tenant ownership within a defined zoning category.
The existing configuration supports multiple separate units within one building, with occupancy currently reported at 35%. All information provided here is based on the property remarks and listing details available for this offering.
Located in the Lansing area at 3137 South Pennsylvania Avenue, this listing offers a small commercial building format for buyers seeking multi-tenant ownership within a defined zoning category.
The existing configuration supports multiple separate units within one building, with occupancy currently reported at 35%. All information provided here is based on the property remarks and listing details available for this offering.
Key Highlights
- 5‑unit building with 7,222 SF total building size
- Built in 1964 and renovated in 2021
- Zoned G‑1
Property Analytics
Current Use
Lease Details
35%
Occupancy
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48911, MI
40,566
Population
18,069
Households
2.2
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
17.3 sq mi
ZIP Area
2,345
Density / Sq Mi
$54,882
Median Household Income
$36,245
Median Earnings
$933
Median Rent
$136,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Five-unit building built in 1964 and renovated in 2021, zoned G-1 with 35% occupancy.
Where is this storefront property located?
The property is located at 3137 S Pennsylvania Ave Lansing, MI.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 5‑unit building with 7,222 SF total building size; Built in 1964 and renovated in 2021; Zoned G‑1
