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    327 César E Chávez Ave Lansing, MI 48906

    Sponsored
    For Lease
    $15 SF/Yr ($2,500 /Mo)

    Historic Old Town, Established Bar, 2000 sq ft

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional turnkey bar opportunity is located in the vibrant Old Town district of Lansing, Ingham County. The property boasts a spacious 2,000 square foot single-tenant space, perfect for an established or aspiring bar owner. Currently operating as a bar, this location offers a significant advantage with a liquor license available for purchase, ensuring a smooth transition for the new operator. The monthly rent is $3,200 plus utilities. The building is a single-story structure, offering convenient access and layout. Note that the owner retains rights to all branding, personal property, and décor. This allows for a seamless transition while preserving the unique character of the existing establishment. This prime location within the historic Old Town District provides high visibility and foot traffic, making it an ideal investment for a thriving business. The turnkey nature of this offering minimizes upfront investment and allows for immediate operation. This is a rare opportunity to acquire a well-established bar in a desirable location with a proven track record. Don't miss out on this chance to own a piece of Lansing's rich history and vibrant nightlife scene. Serious inquiries only.

    Property Features for 327 César E Chávez Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF
    Total Rate
    2500

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $15

    HighLights

    • 2,000 SF retail space, $3,200/month plus utilities.
    • Liquor license available for purchase.
    • Owner retains rights to branding, personal property, and décor.
    • Turnkey space in the historic Old Town District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5483424
    Latitude
    42.7475906

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    FAQs

    What type of property is this?
    Restaurant - Historic Old Town, Established Bar, 2000 sq ft
    Where is this restaurant located?
    The property is located at 327 César E Chávez Ave Lansing, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF retail space, $3,200/month plus utilities.; Liquor license available for purchase.; Owner retains rights to branding, personal property, and décor.
    Request Owner's contact information
    327 César E Chávez Ave Lansing, MI 48906
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    Lansing, MI 48906
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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
    327 César E Chávez Ave Lansing, MI 48906
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