3101-3109 S Martin Luther King Jr Blvd - Freestanding FOR SALE


Lansing, MI 48910- Old Everett
$399,000 USD
313-770-1175
3101-3109 S Martin Luther King Jr Blvd, Lansing, MI for Sale
$399,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

3101-3109 S Martin Luther King Jr Blvd
Lansing, MI 48910
Old Everett


HIGHLIGHTS

  • Situated on a well-traveled commercial corridor with direct exposure on Martin Luther King Jr Boulevard.
  • Ample on-site parking with multiple ingress and egress points for convenience.
  • Located within 6 miles of Capital Region International Airport and nearby major retail hubs.
  • Accessible from primary thoroughfares and minutes to downtown Lansing.

OVERVIEW

This multi-tenant retail strip center presents an established income-producing asset in the thriving Lansing market. Comprised of approximately 5,312 square feet of gross leasable area across three contiguous parcels, the property sits on 0.38 acres with dual frontage and strong visibility along S. Martin Luther King Jr Boulevard. Current occupancy includes a mix of national and local tenants, creating diversified revenue and reducing risk across tenancy. The property is strategically located in Southern Lansing, a corridor that benefits from steady commercial activity and excellent transportation access. Nearby roadways provide seamless connectivity to downtown Lansing, Capital Region International Airport, and major business districts, making the location appealing to a range of retail uses. Ample on-site parking, existing build-outs, and established utilities enhance both operational ease and tenant retention. Investors will appreciate the market’s stability, supported by ongoing development, population growth, and proximity to essential services—all indicators of long-term value. With its advantageous positioning, existing tenant roster, and potential for continued performance, this property represents a compelling opportunity to acquire a fully functional retail asset in one of Michigan’s key urban hubs.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

CROSS STREETS

Southland St. and S. Martin Luther

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

Commercial

APN/PARCEL ID

01-01-29-476-002

ASK ABOUT THIS PROPERTY

Moe AlshubiKeller Williams LegacyMore Info
313-770-1175

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Moe AlshubiKeller Williams LegacyMore Info
313-770-1175

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