111 E Saginaw St East Lansing, MI 48823
For Sale
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Property summary
This exceptional 14,564-square-foot retail building, constructed in 2007, presents a remarkable investment opportunity in the vibrant heart of East Lansing, Michigan. Located at 111 E Saginaw St, this single-tenant building sits on a 2.14-acre lot and offers unparalleled visibility and accessibility. The property boasts a highly desirable location at a lighted intersection on a major thoroughfare, experiencing over 47,000 vehicles per day. Its strategic placement near the intersection of Abbot Road and Saginaw Street ensures maximum exposure to a substantial daily traffic flow. The building's proximity to Michigan State University, with its over 50,000 students, creates a significant pool of potential customers. Furthermore, its location is just 1.9 miles from major retailers such as JoAnn Fabrics, McDonald's, Petco, and T.J. Maxx, further enhancing its appeal and accessibility. The entire 14,564 square feet is currently vacant, providing a blank canvas for a wide range of retail ventures. This property is situated in Ingham County, Michigan, with a zip code of 48823. The building's single-tenant configuration offers simplicity and efficiency for potential occupants. This is a rare opportunity to acquire a prime retail space in a thriving East Lansing market.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Physician
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Pharmacy
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(Bike/Boat/Book/etc) Store
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Bank Credit Union
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
B2 · East Lansing, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for B2 in East Lansing, MI.
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