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    2116 Michigan Ave Lansing, MI 48912-3026

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    2116 Michigan Ave Lansing, MI 48912-3026


    • Retail space
    • 11,088 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Mar 17, 2025
    Property ID
    US43-1073271
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2116 Michigan Ave

    Year built
    1947
    Lot size
    0.28 lot acres
    Property size
    11,088 SF
    Zone code
    J PARKI
    Property type
    Retail space
    APN
    33-01-01-14-303-441
    APU
    33010114303441

    Description

    This exceptional 11,088 square-foot free-standing retail building presents a unique investment opportunity. Situated on a prominent corner lot at the intersection of Michigan Avenue and South Magnolia, this property boasts unparalleled visibility and accessibility. Built in 1947 and extensively renovated in 1997, the building features two expansive open showroom spaces, perfect for showcasing merchandise or creating a dynamic retail environment. The generous square footage also includes substantial storage space located in the rear of the building, enhancing operational efficiency. Convenient access is provided by two overhead garage doors, one at the front and one at the rear, facilitating loading and unloading. Large windows facing Michigan Avenue bathe the interior in abundant natural light, creating an inviting atmosphere for customers. The property encompasses two parcels totaling 0.373 acres, providing approximately twelve parking spaces for customers and staff. Its strategic location offers exceptional proximity to Michigan State University campus, the Lansing Capitol, and Sparrow Hospitals, ensuring high foot traffic and a diverse customer base. The property's APN numbers are 33-01-01-14-303-441 and 33-01-01-14-303-431. This is a single-tenant property ideal for a variety of retail uses. Don't miss this chance to acquire a highly visible and well-located retail space in a thriving area.


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    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5203
    Latitude
    42.7333
    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
    $11,521
    $42,300
    $224,800
    $267,100
    -
    $84,600
    $449,600
    $534,200
    More about this property
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