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Property profile & analytics

1417 Michigan Ave Lansing, MI 48912-2106

  • Turn key restaurants
  • 6,944 SF
  • 0.46 lot acres
OFF-MARKET
Value Estimations
$295,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-3595658
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 1417 Michigan Ave

Year built
1906
Lot size
0.46 lot acres
Property size
6,944 SF
Zone code
F-1 COM
Property type
Turn key restaurants
APN
33-01-01-15-259-073
APU
33010115259073

Description

This exceptional 1,440 square foot traditional office space is ideally situated at 1417 1/2 E Michigan Ave in Lansing, Michigan, 48912. Located on the second floor above the Soup Spoon Restaurant, this single-tenant property offers a convenient and accessible location for businesses seeking a professional environment. The building is a two-story structure zoned for commercial use, with the property identified by APN 33-01-01-15-259-073. The space is perfect for a variety of businesses and offers ample room for various office configurations. The lease rate is competitively priced at $10.00 per square foot, with tenants responsible for electricity. This presents a fantastic opportunity for businesses looking to establish or expand their presence in a thriving Lansing commercial district. The property's convenient location and attractive lease terms make it a highly desirable option. Interested parties are encouraged to inquire further to explore this promising opportunity. The property is easily accessible and benefits from excellent visibility. This is a rare opportunity to secure a well-located, functional office space in a desirable area of Lansing.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $295,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lansing
County
Ingham
State
Michigan
Longitude
-84.5305
Latitude
42.7339
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
$12,527
$69,400
$329,600
$399,000
-
$138,800
$659,200
$798,000
More about this property
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