Property summary
This exceptional 4,585 square foot, two-story brick building sits on a generous 2.52-acre lot in Lansing, Michigan. Built in 1950, the property is currently zoned for commercial use and boasts ample parking. The asking price is $109,900, translating to $23.97 per square foot. The building's previous use as a church currently grants it property tax exemption. However, its versatile design and zoning allow for a multitude of potential uses, including but not limited to parking garage, nursing home, school, educational facility, or home healthcare center. Interested parties are encouraged to verify permitted uses with the city. The property is being sold "as is," and a land contract with negotiable terms is available. All measurements are approximate, and while all information is believed to be reliable, it is not guaranteed. The property is conveniently located minutes from downtown Lansing, at 1317 Ballard St, Lansing, MI 48906.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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