1117 Kalamazoo St 11, Lansing, MI 48912-1722
This 1,320-square-foot free-standing Class C office building, located at 1117 E Kalamazoo St, Lansing, MI 48912 (APN 33-01-01-15-333-111), presents a unique investment opportunity. Built in 1926, the property is currently vacant and offers excellent street frontage on Kalamazoo Street near the Pennsylvania/Kalamazoo intersection. The building features a reception area and multiple private offices, ideal for a small business. A clean basement provides ample storage space. A significant advantage is the inclusion of a three-car garage, adding 558 square feet of usable space, along with a large parking lot. The asking price is $129,900, translating to $98.41 per square foot. This property is situated in Ingham County and offers a compelling combination of location, features, and price, making it an attractive prospect for owner-occupiers or investors seeking a creative office space in a desirable Lansing location. The property's layout and amenities are well-suited for a variety of professional uses. The ample parking and convenient location enhance its appeal. This is a rare opportunity to acquire a free-standing building in a thriving area of Lansing.
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Green Concepts Irrigation and Landscaping General Contractor
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Seed of Change Association / Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
J & F · Lansing, MILansing. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.