2510 Michigan Ave Lansing, MI 48912-4011
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.
-
UAW Local 602 Advocacy Group
-
I.Q. Fitness & Wellness Center Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
F COMM · 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.