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    OFF-MARKET
    Strip malls

    3205 Saginaw St, Lansing, MI 48917-5300

    6,720 SF 0.55 ac lot Built 1974
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US43-0148432
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 3205 W Saginaw St, Lansing, MI 48917, in Ingham County. The property is part of a 6,800 square foot retail center conveniently situated just east of the bustling intersection of Waverly and Saginaw streets. This high-traffic location offers excellent visibility and accessibility for businesses seeking a prominent presence in a thriving commercial area. The space is available in multiple configurations, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 2,400 square feet. Currently, there are two suites available, totaling 3,600 square feet of vacant space. The building features a total of two suites. This prime retail location benefits from its proximity to a variety of established businesses, including Dairy Queen, McDonald's, Tommy's Express Car Wash, and Little Caesars, ensuring high foot traffic and customer visibility. The property is ideal for businesses seeking a well-established location within a busy retail corridor. The address is easily accessible and benefits from strong visibility along West Saginaw Street. This is a fantastic opportunity for businesses looking to establish or expand their presence in a dynamic and high-demand Lansing market. Contact us today to learn more about this exceptional retail space.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1974
    Total area 6,720 SF
    Lot 0.55 ac (24,045 SF)
    Zoning code E LOCAL
    APN 33-21-01-18-127-032
    UPID US43-0148432
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cirilla's (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Abood Investments LLC · 13 yrs held
    Abood Investments LLC
    since 2012
    3 recorded transactions
    2012
    $499,000
    2007
    2006
    Zoning & alternative use
    E LOCAL · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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