2324 7th Ave 16 Lansing, MI 48906-4258
This exceptional Lansing commercial property presents a unique investment opportunity encompassing two substantial buildings on a sizable 1.08-acre lot. The property is ideally suited for a variety of industrial or manufacturing businesses. One building, a versatile warehouse structure, features two overhead doors for convenient loading and unloading, and a 12-foot ceiling height, providing ample space for storage and operations. This building also includes a pole barn component. The second building is a dedicated manufacturing facility, boasting a significant 20-foot ceiling height, perfect for accommodating large machinery and extensive production lines. The combined square footage of both buildings totals an impressive 7,391 square feet, offering considerable room for growth and expansion. The property benefits from a fenced yard located behind the buildings, enhancing security and providing additional outdoor space. The property is zoned for industrial use, ensuring flexibility and compliance with local regulations. This is a rare opportunity to acquire a substantial and well-equipped commercial property in a prime Lansing location. The expansive space and versatile layout make this an ideal choice for businesses seeking to establish or expand their operations. The property's size and features offer significant potential for long-term growth and profitability.
-
Dimick Machine Repair Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
H LT IN · Lansing, MILansing. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.