2200 Michigan Ave, Unit 357 Lansing, MI 48912-3028

Property Details for 2200 Michigan Ave

Year built

1910

Lot size

0.07 lot acres

Property size

2,392 SF

Zone code

F-1 COM

Property type

Office buildings

APN

33-01-01-14-304-001

APU

33010114304001

Description

This exceptional investment opportunity presents a two-story, 2,392 square foot commercial building situated on a 0.07-acre lot at 2200 E Michigan Ave, Lansing, MI 48912. The property, built in 1910 and zoned F-1 Commercial, boasts a vacant, updated 1,196 square foot office space on the first floor, including a restroom. Above the office is a 1,196 square foot apartment featuring three bedrooms and one bathroom. The building offers ample storage in a full basement and convenient parking with seven on-site spaces supplemented by street parking. The asking price is $328,900, translating to $137.50 per square foot. The property is currently vacant and consists of two units within a single building. Importantly, the current owner's non-profit status has resulted in property tax exemption. This presents a unique advantage for potential buyers. This high-traffic area location makes this property ideal for a variety of commercial uses. The building's solid construction and recent updates make it a turn-key opportunity for immediate occupancy and income generation.