1028 W Barnes Ave - Schools FOR SALE


Lansing, MI 48910- Moores Park
$650,000 USD
517-881-9762
1028 W Barnes Ave, Lansing, MI for Sale
$650,000 USD
Schools - FOR SALE
1/2
null | 5% Cap Rate

1028 W Barnes Ave
Lansing, MI 48910
Moores Park


HIGHLIGHTS

  • Main street access with overpass for child access to school property
  • Two modular classrooms included

OVERVIEW

The overall condition is average to above average. Structurally, the building is sound. The boilers need to be replaced. The property has always been an elementary school with updates in 1970 including a gymnasium. Includes two modular classrooms and two storage sheds.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

EL-SHABAZZ ACADEMY

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

B Res-single district

APN/PARCEL ID

01-01-20-476-002

ASK ABOUT THIS PROPERTY

Thomas WoodsThomas E. Woods, ReceiverMore Info
517-881-9762

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Thomas WoodsThomas E. Woods, ReceiverMore Info
517-881-9762

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.