2727 Pennsylvania Ave Lansing, MI 48910-3488

This exceptional 13.76-acre redevelopment opportunity in Lansing, Michigan, presents a unique chance to transform a former medical office campus. The property, located at 2727 S Pennsylvania Ave, features a vacant 242,362 square foot building constructed in 1977, offering significant potential for various uses. Currently zoned G-2 (Wholesale) and DM-4 (Residential), the site is ideally suited for industrial development, multi-family housing, or a mixed-use project. Its prime location boasts 778 feet of frontage on Health Care Court and 600 feet on Alpha Street, offering excellent visibility and accessibility. The property's proximity to a large park and Sycamore Creek enhances its appeal. Two easements exist—a reciprocal parking easement and a utility easement—details of which are available upon request. The adjacent office building at 2815 S. Pennsylvania Avenue has expressed interest in collaborating on any redevelopment plans. This substantial property, priced at $2,500,000 ($10.32/sq ft), represents a compelling investment opportunity in a rapidly growing area. The irregular shape of the lot adds to its unique development potential.