Stores /MI /Ingham County /Lansing /329-337 S Washington Sq
Stores /MI /Ingham County /Lansing /329-337 S Washington Sq

329-337 S Washington Sq - Storefront FOR SALE


Lansing, MI 48933- Downtown Lansing | 
$1,950,000 USD
248-686-4166
329-337 S Washington Sq, Lansing, MI for Sale
$1,950,000 USD
Storefront - FOR SALE
1/18
null | 8.59% Cap Rate
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329-337 S Washington Sq
Lansing, MI 48933
Downtown Lansing

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HIGHLIGHTS

  • 3 location/longterm lease anchor tenant
  • Hard corner visibility on S. Washington Square
  • 2,800 SF of unrented basement storage space
  • Updated HVAC and roof coating

OVERVIEW

3 location/longterm lease anchor tenant Prime Downtown Lansing mixed-use asset Hard corner visibility on S. Washington Square 9 residential apartment units (6) 1 Bed / 1 Bath (3) 2 Bed / 1 Bath 2 commercial tenants Updated HVAC and roof coating 2,800 SF of unrented basement storage space

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

8.59%

% LEASED

100%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1887

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

C

APN/PARCEL ID

01-01-16-405-131,01-01-16-405-141

ASK ABOUT THIS PROPERTY

Cameron HanssonNew Era Real EstateMore Info
248-686-4166

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Cameron HanssonNew Era Real EstateMore Info
248-686-4166

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

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