6020 Cedar St, Unit 2 Lansing, MI 48911-5107
- Retail space
- 2,467 SF
- 0.24 lot acres
Current Use by Public Records
- JCJ AUTO SALES LLC / Car Dealer
- Disc Teez Disc Golf Pro Shop / Sporting Goods Store
- All American Garage Doors LLC / Garage Door Supplier
Property Details for 6020 Cedar St
- Year built
- 1932
- Lot size
- 0.24 lot acres
- Property size
- 2,467 SF
- Zone code
- F COMM
- Property type
- Retail space
- APN
- 33-01-05-04-479-032
- APU
- 33010504479032
Description
This exceptional storefront property, located at 6020 S Cedar St, Lansing, MI 48911, presents a lucrative investment opportunity. The 2,467 square foot building sits on a 0.24-acre lot and boasts 64 feet of frontage on Cedar Street, offering excellent visibility and accessibility. Currently 100% occupied with a lease expiring December 31, 2024 (1 year remaining), this single-tenant property generates a strong return on investment. Built in 1932 and renovated in 2002, the building is well-maintained and zoned F COMM, allowing for a wide variety of retail, restaurant, and professional office uses. Its strategic location in the S Cedar St Retail corridor places it a quarter-mile north of a Meijer, surrounded by other retail, restaurants, and auto service businesses. The property's convenient access to Kaynorth Street further enhances its appeal. The asking price is $150,000, translating to $60.80 per square foot. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving Lansing commercial district. The property's APN is 33-01-05-04-479-032.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Longitude
- -84.5451
- Latitude
- 42.6703
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA