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Property profile & analytics
OFF-MARKET
Warehouses

2006 Willow St 44 Lansing, MI 48917-1814

960 SF 1.29 ac lot Built 1953
Entity Owned Free & Clear
Property ID
US43-1180425
Property summary
AI-generated overview

This exceptional opportunity presents a fully furnished, 6,950 square foot restaurant located at 2006 W. Willow St, Lansing, MI 48917. The property, formerly DeLuca's, boasts a rich history as a destination dining spot since 1960. The sale includes a Class C Liquor License, adding significant value to this turnkey operation. The building features multiple dining rooms, a bar area, and several walk-in coolers and freezers, all included in the asking price of $599,900 ($86.32/sq ft). A significant advantage is the inclusion of a 960 square foot storage warehouse situated on the same 1.295-acre lot, providing ample space for inventory and operations. Furthermore, an adjacent 0.17-acre parcel is also part of this sale, offering potential for expansion or additional development. The property offers abundant on-site parking, a key feature for a restaurant. The zoning designation is H LT IN, providing flexibility for various uses. This vacant property is ready for immediate occupancy and represents a rare chance to acquire a well-established restaurant with significant assets in a prime Lansing location. The property's size and features make it ideal for a variety of restaurant concepts or potential redevelopment.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1953
Total area 960 SF
Lot 1.29 ac (56,192 SF)
Zoning code H LT IN
APN 33-01-01-08-102-204
UPID US43-1180425
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Deluca's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ash & Sons Properties LLC
Ash & Sons Properties LLC
since 2025
2 recorded transactions
2025
Price N/A
2004
$212,000
Zoning & alternative use
H LT IN · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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