2509 Eaton Rapids Rd, Lansing, MI 48911
- Retail properties & Spaces
- 672 SF
- 0.42 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 2509 Eaton Rapids Rd
- Year built
- 1956
- Lot size
- 0.42 lot acres
- Property type
- Retail properties & Spaces
Description
This 672 square foot Class B retail property, located at 2509 Eaton Rapids Rd, Lansing, MI 48911, is a single-unit auto dealership currently operating at 100% occupancy. The asking price is $224,900, translating to $334.67 per square foot. Situated on a 0.42-acre lot, this property boasts a prime location with high traffic volume due to its proximity to I-96. Built in 1956 and renovated in 2012, the single-story building features a recently installed steel roof, updated electrical and plumbing systems, new drywall and flooring, and energy-efficient LED lighting throughout. The garage is heated by natural gas. The property includes an ADA-accessible entrance and bathroom, and all work was permitted through Delhi Charter Township. The property utilizes city sewer and well water. Currently licensed as an automotive sales lot by the State of Michigan, this property presents a fantastic opportunity for a small business or start-up. The property is zoned COMMERCIAL and is offered as a NNN lease with no remaining lease term.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.6018
- Latitude
- 42.655
