6030 Pennsylvania AveLansing, MI 48911
- Retail properties
- 32,011 SF
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








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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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