5321 Pennsylvania Ave Lansing, MI 48911
- Distribution centers
- 4,471 SF
- 0.75 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 5321 Pennsylvania Ave
- Year built
- 1976
- Lot size
- 0.75 lot acres
- Property size
- 4,471 SF
- Property type
- Distribution centers
Description
This exceptional commercial property, located at 5321 S Pennsylvania Ave in Lansing, Michigan, presents a unique investment opportunity. The 4,471 square foot building, constructed in 1976 and renovated in 2005, sits on a 0.75-acre lot and offers a versatile layout. The property features 3,300 square feet of open warehouse space, perfect for storage or manufacturing, complemented by a 1,171 square foot office area. Two overhead doors provide convenient access for loading and unloading. The warehouse boasts a 12-foot ceiling height and is equipped with a security system and sprinklers. Ample parking is available with space for up to 25 vehicles. The property is zoned F Commercial, allowing for a variety of general commercial uses. Its convenient corner location offers excellent visibility and accessibility, with easy access to the I-96 interchange. The asking price is $510,400, translating to $114.16 per square foot. This is a single-story building.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5377168
- Latitude
- 42.6801548