Property summary
This exceptional 5,778 square foot retail property, located at 2510 E Michigan Ave in Lansing, Michigan, presents a unique investment opportunity. Currently entirely vacant, this building offers immediate occupancy for a single tenant or the potential for multiple tenants. The property features two suites, with a minimum divisible space of 1,778 square feet and a maximum contiguous space of 4,000 square feet. Built in 1959, the building sits on a sizable 10,835 square foot lot and provides convenient on-site parking for 25 vehicles. Its prime location directly on Michigan Avenue ensures high visibility and accessibility for customers. The property's previous use as a fitness center suggests adaptability for various retail businesses. The building's total square footage is 5,778 square feet, offering significant space for a variety of commercial ventures. Located in Ingham County, with a zip code of 48912, this property benefits from excellent access to major transportation routes and a thriving local community. This is an ideal opportunity for businesses seeking a prominent location with ample space and parking in a busy Lansing commercial corridor. The property is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Advocacy Group
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
F COMM · Lansing, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for F COMM in Lansing, MI.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning