Property summary
This exceptional 0.492-acre commercial land parcel, located at 1525 Watertower Place in East Lansing, Michigan (48823), presents a remarkable opportunity for immediate development. Situated within the prestigious Watertower Place office condo development, this lot is the last remaining site, offering unparalleled visibility and convenience. The property boasts a prime location at the entrance on Coolidge Road, ensuring maximum exposure for any new construction. All utilities are readily available, and a pre-installed parking lot eliminates significant upfront infrastructure costs. The site is zoned for office use and benefits from the efficient management of common area maintenance provided by the condominium association. Its strategic location in East Lansing, just north of Lake Lansing Road and easily accessible from US 127, provides excellent connectivity and accessibility. The property is offered fee simple with an asking price of $390,000 and the APN is 33-20-01-02-226-107. This is a truly unique opportunity to establish a presence in a thriving East Lansing business community. Don't miss this chance to acquire the last available lot in this highly sought-after development.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
B4 · East Lansing, MIZoning
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