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    OFF-MARKET
    Neighborhood centers

    3139-3145 Pennsylvania Ave, Lansing, MI 48910

    7,222 SF 0.23 ac lot Built 1964
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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