5135 Pennsylvania Ave 65, Lansing, MI 48911-4002
This exceptional commercial property located at 5135 S Pennsylvania Avenue Unit 5135, Lansing, MI, presents a unique investment opportunity. Boasting a substantial 2,924 square feet of office space situated on a 0.39-acre lot, this building offers significant potential for multiple businesses. Previously utilized as a medical facility, the upper level has undergone a complete remodel and is move-in ready. The building features over 15 rooms, ideal for various office configurations. Ample parking is available for both staff and clients, ensuring convenient access. Significant improvements have been made to the property, including updated mechanical systems, a new roof, and a recently resurfaced parking lot. A generator is included, providing backup power in case of outages. While one furnace is currently operational, the building's overall condition and recent upgrades make it an attractive proposition. The asking price for this versatile commercial space is $220,000. This property is ready for immediate occupancy and presents a strong opportunity for growth in the thriving Lansing market. Schedule a viewing to explore the possibilities.
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Safe Dermatology and Med Spa Physician Medical Clinic
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SAIF M FATTEH Pediatrician Medical Clinic
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Vaishnavi Sekar Bawa Physician
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Jeffrey Koets Physician
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Dr. Farhan Bhatti Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.