6020 Cedar St 2, Lansing, MI 48911-5107
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.
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JCJ AUTO SALES LLC Car Dealership
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Disc Teez Disc Golf Pro Shop (Bike/Boat/Book/etc) Store
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All American Garage Doors LLC Building Supply General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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.
No recorded transactions found for this property.
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.