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Duplex Warehouse For Sale
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300 S Hosmer St, Lansing, MI 48912

Duplex warehouse with light industrial zoning and rental income.

Property Size4,752 SF
Price / SF$41.04
Days on Market696

Property Features for 300 S Hosmer St

General Information

Standard status Active
Size 4,752 SF
Property subtype Industrial
Zoning DT-2, Light Industrial
Occupancy 50%
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1954
Buildings 1
Stories 1
Units 2
Tenancy Multi
Listing Agency: Insite Commercial
Listed By: Larry Balone · License #MI 6501321214
Source: Crexi
Added: Sep 13, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:28AM

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 Insite Commercial

Investment Insights

Based on property information with market context.

This duplex warehouse property, zoned for light industrial use, is available for sale. The property is conditionally permitted for marijuana processing. It features 12-foot clear ceilings and two drive-in overhead doors, each measuring 10 x 9 feet. The electrical system provides 240A/120V single-phase power. The building has a total size of 4752 square feet. Currently, 50% of the warehouse is leased, providing existing rental income.

Key Highlights

  • Priced to sell below appraised value
  • Conditionally permitted for marijuana processing
  • Duplex Warehouse (50% Leased, Rental income in place)

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,892
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48912, MI

17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • CubeSmart Self Storage 506 S Hosmer St, Lansing, MI 48912
  • Dbi Warehouse 506 N Larch St, Lansing, MI 48912
  • M & M Moving and Storage 800 E St Joseph St, Lansing, MI 48912

Frequently Asked Questions

What type of property is this?
Warehouse - Duplex warehouse with light industrial zoning and rental income.
Where is this warehouse located?
The property is located at 300 S Hosmer St Lansing, MI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Priced to sell below appraised value; Conditionally permitted for marijuana processing; Duplex Warehouse (50% Leased, Rental income in place)
(248) 470-5340 Call to check price and availability
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