2350 Cedar St Holt, MI 48842
- Drive through restaurants
- 2,873 SF
- 1.54 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 2350 Cedar St
- Year built
- 2007
- Lot size
- 1.54 lot acres
- Property size
- 2,873 SF
- Zone code
- C-3
- Property type
- Drive through restaurants
- APN
- 33-25-05-15-277-024
- APU
- 33250515277024
Description
This exceptional 2,810 square foot restaurant space is available for lease at 2350 Cedar Street in Holt, Michigan. Located in Ingham County, this single-tenant property sits on a generous 1.54-acre lot, providing ample space and visibility. The building offers a total of 2,810 square feet of entirely vacant space, ready for immediate occupancy and customization to suit a new tenant's needs. The property boasts 39 parking spaces, ensuring convenient access for customers and staff. The property's location in Holt, MI, zip code 48842, offers excellent access to local traffic and provides a strong foundation for a thriving restaurant business. The property type is classified as retail, specifically designed for restaurant use. This presents a unique opportunity for a restaurant operator seeking a well-situated, spacious, and ready-to-occupy location in a desirable area. The entire building is available, allowing for complete design and layout flexibility. With its substantial lot size and ample parking, this property offers significant advantages over comparable spaces. The property is currently listed for lease and is ready for a new tenant to establish their business. Interested parties are encouraged to inquire for further details and leasing information.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $420,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $525,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $585,000
- Retail
- $555,000
- Mixed-Use
- $440,000
- Hospitality
- $555,000
- Educational
- $555,000
- Residential Income
- $540,000
- Energy
- $525,000
- Income-Based Land
- $510,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Holt
- County
- Ingham
- State
- Michigan
- Longitude
- -84.527
- Latitude
- 42.6504
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA