2521 Cedar St Lansing, MI 48910-3137
- Banks
- 2,328 SF
- 0.60 lot acres
Mar 09, 2025
Current Use by Public Records
- Banks
Property Details for 2521 Cedar St
- Year built
- 1937
- Lot size
- 0.60 lot acres
- Property size
- 2,328 SF
- Zone code
- G-1 BUS
- Property type
- Banks
- APN
- 33-01-01-28-287-054
- APU
- 33010128287054
Description
This 2,328-square-foot former bank building, located at 2521 S Cedar St in Lansing, Michigan, presents a unique investment opportunity. Built in 1937 and extensively renovated in 2015, this single-story, Class C property sits on a 0.6-acre lot and boasts a prominent corner location at the signalized intersection of Greenlawn and Cedar Streets. The building features a secure entryway, service counters, updated doors and flooring, and a handicap-accessible bathroom. The functional bank vault remains intact. Convenient drive-up teller lanes and outbuildings are situated on the expansive lot, which extends from Greenlawn to Lincoln Street, providing ample parking. A partial basement includes a second restroom and mechanical rooms. The property's MX-3 DISTRICT MIXED-USE CENTER zoning offers flexibility for various uses. Previously used as a dispensary and office space, this vacant building is offered at $145,000 ($62.29/sq ft). Its strategic location across from Rite Aid and Quality Dairy, and near the former McLaren Greenlawn campus, ensures high visibility and accessibility. The property is a fee simple ownership and the APN is 33-01-01-28-287-054.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $300,000
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Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5471
- Latitude
- 42.7054
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA