721 Waverly Rd, Lansing, MI 48917-2242
- Retail space
- 2,197 SF
- 0.38 lot acres
Current Use by Public Records
- ColorTyme Rent to Own / Home Appliance Store / Hardware & Home Improvement
- Rent-A-Center / Electronics & Wireless Store
Property Details for 721 Waverly Rd
- Year built
- 1963
- Lot size
- 0.38 lot acres
- Zone code
- NONE
- Property type
- Retail space
- APN
- 040 058 000 100 00
- APU
- 4005800010000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 13, 2024 | — | Yvonne J Merkel Trust | Elaine Tycocki Fowler | Deed · related | — |
| Jun 10, 2024 | $300,000 | Doble Rentals LLC | Lavearn G Wenzlick | Warranty Deed | — |
| Dec 14, 2012 | $225,000 | Yvonne J Merkel Trust | Larry D Fowler | Warranty Deed | — |
Description
This exceptional 2,197 square foot commercial property, situated on a 0.381-acre lot in Lansing, Michigan, presents a unique investment opportunity. Built in 1963, the single-story building boasts a versatile layout ideal for retail or office use. The main level features a showroom, customer service counter, office space, storage, and a restroom. A rear delivery area extends into a basement, offering additional storage and two restrooms. The property's strategic location on N Waverly Rd, between Westland Plaza (anchored by JOANN Fabrics) and West Saginaw Plaza (anchored by Aaron's Rent to Own), ensures high visibility and foot traffic. A large pylon sign enhances visibility. The property is zoned commercial and offers two access points to Waverly Road, making it highly suitable for a drive-thru addition. The asking price is $349,900, translating to $159.26 per square foot. The property's APN is 040-058-000-100-00. This owner-user opportunity is perfect for a business seeking a prominent location with excellent potential for growth. The property's existing infrastructure and layout provide a solid foundation for immediate occupancy and customization. Don't miss this chance to acquire a well-positioned commercial property in a thriving Lansing neighborhood.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.6033
- Latitude
- 42.7418
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
