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1433 Michigan Ave Lansing, MI 48912

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Prime Medical Office, Redevelopment Opportunity

Property size:
5,747 SF

Property Features for 1433 Michigan Ave

General Information

Property type
Medical offices
Square Feet
5,747 SF
Class
C
Lot Size
24,394 SF

Building Details

Year Built
1983
Buildings
1

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Listing Contact
Eric Rosekrans
Eric Rosekrans

Listing Agency: Martin Commercial Properties Listing Agent: Eric Rosekrans

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This 5,747 square foot medical office building, situated on a 0.56-acre lot in Lansing, Michigan, presents a compelling investment opportunity. Currently vacant, the property offers significant redevelopment potential or immediate occupancy. The building, constructed in 1983, features a central atrium with a decorative fountain, serving as an additional waiting area. The layout comprises four suites: two 2,800 square foot suites (A & B), each including an x-ray room and exam/lab rooms, and two 1,400 square foot suites (C & D). Suites C and D are easily combinable. The property boasts 36 parking spaces, convenient access from Michigan Avenue and a rear alleyway to Custer Avenue, ensuring high visibility and accessibility. The F-1 COM zoning allows for a variety of uses. Existing building signage offers additional marketing potential. The property's location near Sparrow Hospital, Fabiano Candies, and Soup Spoon Cafe provides excellent visibility and proximity to key amenities. The asking price is $599,000, translating to $104.23 per square foot of net rentable space (5,600 sq ft). This property is an ideal owner-occupier building or a promising redevelopment project in a thriving Lansing location. The APN is 33-01-01-15-259-122.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Cardiology Group of Lansing Medical Clinic ABC Ob-Gyn Care Medical Clinic Stephanie Fleming Physician Emergency Dental Care Dental Office Dr. Haresh Jani Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.529823748074
Latitude
42.733540998582

FAQs

What type of property is this?
Medical office - Prime Medical Office, Redevelopment Opportunity
Where is this medical office located?
The property is located at 1433 Michigan Ave Lansing, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: $599,000 asking price for a 5,600 SF net rentable medical office building.; Vacant, 5,747 total square foot Class C building on a 0.56-acre lot in Lansing, MI.; Modified lease type, 36 parking spaces, and built in 1983.
(517) 351-2200 Call to check price and availability
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