Property profile

3139-3145 Pennsylvania Ave Lansing, MI 48910

OFF-MARKET
Neighborhood centers
7,222 SF 0.23 ac lot Built 1964
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Property summary

AI-generated overview

This exceptional investment opportunity presents three available executive office suites in a prime South Lansing location. Situated at 3139-3145 S. Pennsylvania Ave, this 7,222 square foot Class C office building offers a flexible layout with suites ranging from 1,000 to 2,500 square feet. Currently, 5,750 square feet are vacant, providing significant potential for immediate occupancy. The building, constructed in 1964, sits on a 0.23-acre lot and boasts ample parking with 24 spaces conveniently located in front of the suites. The property's strategic location offers excellent visibility and accessibility, with high traffic volume exceeding 12,000 vehicles per day on S. Pennsylvania Avenue. It's also less than two miles south of the I-496 intersection, ensuring easy access to major transportation routes. The suites can be combined to accommodate larger tenants, offering versatility for various business needs. This is an ideal opportunity for businesses seeking a well-located, adaptable office space in a thriving area of Ingham County. The property is zoned for office use and features multiple tenancies.

Property profile

Verified
Property type Neighborhood centers
Year built 1964
Total area 7,222 SF
Lot 0.23 ac (10,149 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3139-3145 Pennsylvania Ave Lansing, MI 48910
Lansing metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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