1550 Watertower Pl - Medical CONDO FOR SALE


East Lansing, MI 48823
$850,000 USD
517-662-3535
1550 Watertower Pl, East Lansing, MI for Sale
$850,000 USD
Medical CONDO - FOR SALE
1/16
null | Request Cap Rate

1550 Watertower Pl
East Lansing, MI 48823


HIGHLIGHTS

  • 6,915 SF office condominium space available within an 11,984 SF professional building.
  • Constructed in 2008 and maintained in very good condition
  • Parking field accommodates approximately 75 vehicles, providing ample parking for staff and visitors.
  • Suitable for professional office users
  • Multiple ingress and egress points from West Road and Coolidge Road enhance accessibility.

OVERVIEW

PRICE REDUCED! Excellent space for professional office users or medical office; large office spaces could be converted to general office fairly easily. Neighboring tenant: Hall Matson Garver Thomas Law Offices.  The build-out features (12) exam rooms with sinks, numerous medical amenities, many other specialty rooms, and is suitable for 17 staff members.  The space is in very good condition and shows well. There are multiple points of ingress / egress from West Road and Coolidge Road, with parking for ±75 Vehicles. Location: 0.6 Miles NW of US-127, 2.4 Miles NE of US-127 and Business 69 Interchange, and 1.1 Miles from Eastwood Towne Center Traffic: Moderate (9,591 VPD) in the Immediate Area; Increases to 25,631 VPD on W Lake Lansing Road

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

11,984 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

B-4

APN/PARCEL ID

33-20-01-02-226-401

ASK ABOUT THIS PROPERTY

Jeff RidenourColliersMore Info
517-662-3535

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Jeff RidenourColliersMore Info
517-662-3535

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