Michigan Ave Lansing, MI 48912
- Retail properties
- 16,088 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Michigan Ave
- Property size
- 16,088 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional redevelopment opportunity encompasses three buildings totaling 16,088 square feet situated on a high-visibility corner lot at the intersection of East Michigan Avenue and Marshall Street in Lansing, Michigan. The property, currently vacant, is zoned MX-3, offering significant flexibility for a variety of uses. The asking price is $1,800,000, translating to $111.88 per square foot. Its strategic location near the University of Michigan Health-Sparrow campus, downtown Lansing, US-127, and the Michigan State University campus makes it an attractive investment in a growing corridor. The assemblage presents a unique chance to capitalize on the area's increasing demand for both commercial and residential spaces. The buildings themselves are classified as Class B. This property is ideal for developers seeking a multi-family project or a mixed-use development combining commercial and residential elements. The address is 1703/1717/1723 E. Michigan Ave., Lansing, MI 48912, within Ingham County. This is a rare chance to acquire a substantial property in a thriving area with excellent potential for significant return on investment.
Value Estimation
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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
- -84.5258
- Latitude
- 42.7339
