5315 Pennsylvania Ave Lansing, MI 48911
- Office Properties & Spaces
- 5,714 SF
- 0.39 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5315 Pennsylvania Ave
- Year built
- 1979
- Lot size
- 0.39 lot acres
- Property size
- 5,714 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 5,714 square foot office building, located at 5315 S Pennsylvania Ave in Lansing, Michigan, presents a unique investment opportunity. The property, built in 1979 and classified as a Class B building, sits on a 0.387-acre lot and features two stories. Previously used as a medical facility with over 15 patient rooms, the upper level has been remodeled and is move-in ready. The versatile space is suitable for a variety of office uses, including creative, medical, or traditional office settings, allowing for multiple businesses to operate within the building. Ample parking is available for staff and clients. Significant recent improvements include updated mechanical systems, a new roof, and a resurfaced parking lot. A generator is also included in the sale, providing peace of mind during power outages. The property is zoned F Commercial and is currently vacant, offering immediate occupancy. This is an excellent opportunity to acquire a well-maintained, versatile office building in a desirable South Lansing location. Asking price is $275,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5382
- Latitude
- 42.6803
