6030 Pennsylvania AveLansing, MI 48911

  • Retail properties
  • 32,011 SF
For Lease
$15/SF/YR View listing

Property Details for 6030 Pennsylvania Ave

Year built
1989
Lot size
2.28 AC
Property size (Sq ft)
32,011 SF
Zone code
F COMM
Property type
Retail properties
Property subtype
Community centers
APN
33-01-05-03-352-463
APU
33010503352463

Description

Penn-Miller Plaza, located at 6030 S Pennsylvania Ave in Lansing, Michigan (zip code 48911), offers exceptional retail and restaurant opportunities. This commercial property boasts a total of 27,000 square feet, currently featuring one building with multiple suites. There are 5,900 square feet of vacant space available, divisible into units ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,800 square feet. The property is zoned for commercial use and is situated in Ingham County. Its prime location at a high-traffic intersection just north of I-96 provides excellent visibility and accessibility. The area is densely populated with numerous established businesses, including major retailers such as Meijer and Target, along with popular restaurants like Biggby, Culver's, and Panera Bread, ensuring high foot traffic and a strong customer base. This presents a unique chance for businesses seeking a vibrant and convenient location in a thriving Lansing commercial district. The property is ideal for a variety of retail or restaurant concepts seeking spaces ranging from 1,400 to 2,800 square feet. Inquire today to learn more about this exciting opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,943,738
    6.5%
    $2,717,296
    7%
    $2,523,204
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,545,658
    Geo Method
    $7,545,658
  • Alternative Use

    Use
    Valuation
    Residential
    $2,292,141
    Hospitality
    $2,099,589
    Educational
    $1,746,833
    Medical
    $1,806,910
    Retail
    $2,717,296
6030 Pennsylvania Ave, Lansing, Michigan
Leaflet | © OpenStreetMap contributors

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.6699
Longitude
-84.5389
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$61,459
$186,100
$709,100
$895,200
-
$372,200
$1,418,200
$1,790,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.