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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

623 Michigan Ave Lansing, MI 48912

Built 1908
Property ID
Property summary
AI-generated overview

This exceptional 2,000 square foot retail space, located at 623 E. Michigan Ave in Lansing's vibrant Stadium District, presents a unique opportunity for a discerning business. Situated at the intersection of E. Michigan Ave and Larch St, this property boasts a prime location with excellent visibility and foot traffic. Built in 1908, the two-story building offers a charming character with exposed natural brick, creating a unique and inviting atmosphere. The space is currently vacant and ready for immediate occupancy. The zoning is classified as 201 Commercial - Improved (APN: 33-01-01-16-277-272), ensuring flexibility for a variety of retail uses. A modified gross lease of $1,400 is available for a three-year term. The property's strategic location offers unparalleled convenience, being within walking distance of all that downtown Lansing has to offer, and enjoys the added benefit of a neighboring bistro restaurant. This presents a fantastic chance to establish a thriving business in a bustling and desirable area. The open layout provides ample space for creative design and customization to suit any retail concept. Don't miss this chance to secure a remarkable retail space in the heart of Lansing's Stadium District.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1908
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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